LANXESS to start up North Carolina compounding plant this month

12 September 2012 15:06  [Source: ICIS news]

LONDON (ICIS)--LANXESS expects to start up production at a plastics compounding facility in Gastonia, North Carolina, later this month, the Germany-based chemicals firm said on Wednesday.

The plant will be part of a global network of compounding plants at which LANXESS mixes and refines nylon (or polyamide) with additives and glass fibre to produce Durethan-brand plastic compounds, which are used in car parts.

LANXESS did not comment on the capacity of the Gastonia plant.

Last year, when it began construction at the project, the company said the plant’s initial capacity would be 20,000 tonnes/year, for an initial investment of €10m ($13m).

LANXESS is also building a compounding facility at Porto Feliz, Brazil.

In related news, LANXESS said earlier on Wednesday that it had acquired a materials firm in Germany to strengthen its position in the market for lightweight materials in the automotive industry.  

($1 = €0.78)

By: Stefan Baumgarten
+1 713 525 2653

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