LANXESS –TSRC breaks ground on NBR plant

Tuesday, September 21, 2010

Leverkusen - Lanxess–TSRC (Nantong) Chemical Industrial a 50:50 joint venture between German specialty chemicals group Lanxess AG and Taiwanese company TSRC Corporation, has broken ground for the construction of a nitrile rubber (NBR) plant in Nantong, northwest of Shanghai. The plant, with an investment of 50 million USD (approx. EUR 36 million), will occupy an area of around 40,000 square meters. It is scheduled to start production in the first half year of 2012 with an initial annual capacity of 30,000 metric tons. Driven by the mega trends of mobility and urbanization in China, the demand for NBR is expected to grow at double-digit rates. “The new plant will feature the latest technology and is an important step for Lanxess’ planned growth in the nitrile rubber market in Asia, especially in China,” stressed Lanxess board member Werner Breuers. Günther Weymans, global head of Technical Rubber Products business unit, said, “We are responding to the growing demand for NBR in China with high-quality products. NBR is essential for the production of automobiles, as well as the construction, footwear, cable and plastics industries. In China, every one of these sectors is booming.”

(Source: Rubber World)