LANXESS invests in its production site in Lillo/Antwerp
LANXESS announced plans to further strengthen its integrated production complex for polyamide and precursors for plastics in Antwerp. With an investment of roughly EUR 25 million in 2017, the specialty chemicals company will primarily implement measures to further enhance efficiency.
“Our integrated production complex in Lillo is the backbone of our global business for high-tech plastics. Given the trend toward lightweight construction in the automotive industry, for example, this is a major future market. Therefore we are continuously strengthening the competitiveness of this site. In total, our company has invested more than EUR 300 million in Lillo since 2004 – a sum that shows our firm commitment to this site,” said Matthias Zachert, Chairman of the Board of Management at LANXESS.
The announcement was made on the occasion of the 50th anniversary of caprolactam production at the site. Caprolactam is a key precursor for the production of LANXESS’s high-tech plastics. Besides the automotive industry, these plastics are also used in electrical and electronics applications.
In recent years LANXESS has focused on building a balanced value chain for its high-tech plastics production operations, which absorbs the lion’s share of the intermediates produced for captive use. A milestone on that strategic path was the construction of a world-class polymerization plant with an annual capacity of 90,000 metric tons connected directly to the caprolactam production facility. Since its start in summer 2014, the polyamide is shipped from Antwerp to LANXESS’s global network of compounding facilities, where it is further processed into the high-tech plastics.
Related parks
Investments
Chemical substances
Countries
Companies
Latest news
Shell to build one of Europe’s biggest biofuels facilities in Rotterdam, The Netherlands
Shell announced to build an 820,000-tonnes-a-year biofuels facility that will be among the biggest in Europe to produce sustainable aviation fuel (SAF) and renewable diesel made from waste.
Cooperation Uniper and Port of Rotterdam Authority in production green hydrogen
The companies have entered into an agreement for developing the production of green hydrogen at the Uniper location on Maasvlakte.
Huntsman Increases Polyurethane Catalyst and Specialty Amine Capacity in Petfurdo, Hungary
The additional capacity builds upon our previous expansions to further improve our capability and expand our product range of polyurethane catalysts and specialty amines
CIECH begins next stage of production capacity expansion in silicates segment in Żary, Poland
The new investment, valued at approximately PLN 80 million (approx. €18 mln), will increase its production capacity by 30% and strengthen the chemical group's position as the leading supplier of so...