ERJ staff report (DS)
Leverkusen, Germany - Lanxess is expanding its production capacities for Hydrogenated Nitrile Butadiene Rubber (HNBR) at its facilities in Leverkusen, Germany, and Orange, Texas, US, by 40 percent. This synthetic high-performance rubber is marketed under the brand name Therban. Lanxess said it will invest, "a low single-digit million euro amount" in the expansion.
Expansion work on the German and US production facilities has already begun. The expansion in Leverkusen is scheduled for completion in April 2012, while the Orange facilities will be ready by December 2012. The measures will create 15 new jobs.
lanxess said the HNBR market is currently growing globally at a double-digit annual rate. This is due in particular to a strong global demand from automotive manufacturers, especially in China and India.
â€œWe are responding to the significant increase in global demand for this high-performance rubber and are rigorously continuing our growth strategy,â€ said GÃ¼nther Weymans, head of the Technical Rubber Products (TRP) business unit at Lanxess.
This is an external link and should open in a new window. If the window does not appear, please check your pop-up blocking software. ERJ is not responsible for the content of external sites.
Press release from Lanxess