Lanxess taps Hong Kong for new plastics development center

By Steve Toloken
Staff Reporter / Asia Bureau Chief

Published: April 19, 2013 11:34 am ET
Updated: May 9, 2013 9:10 am ET

Related to this story

Topics Materials, Materials Suppliers, China, K 2013

HONG KONG — German specialty chemicals and plastics maker Lanxess AG said April 18 that it has opened an application development center for plastics in Hong Kong's Science and Technology Park.

The center will serve as a hub for application development in Asia-Pacific and India for the company's High Performance Materials business unit, and will complement its existing research and development center in Wuxi, Jiangsu province.

In particular the Leverkusen, Germany-based company said it hoped the center would help it better target automotive industry applications such as light weighting.

"High performance plastics play a vital role in the green mobility megatrend by reducing auto weight and fuel consumption as lighter alternatives to metals," said Christof Krogmann, vice president Asia Pacific for the High Performance Materials business unit, in a statement.

"With our technology know-how, expertise in lightweight solutions as well as high performance Pocan and Durethan products, we are committed to driving the automotive industry towards a greener future," he said.

He said the Hong Kong Science Park has 300 high-tech companies and universities on its campus, and that creates opportunities for Lanxess to partner in new scientific development. The park was named the science park of the year for 2012 in Asia by World Finance magazine, Lanxess said.


Comments

Lanxess taps Hong Kong for new plastics development center

By Steve Toloken
Staff Reporter / Asia Bureau Chief

Published: April 19, 2013 11:34 am ET
Updated: May 9, 2013 9:10 am ET

Post Your Comments


Back to story


More stories

Image

Sabic: Rapid demand growth led to Ultem shortage

December 18, 2014 12:06 pm ET

Sabic Innovative Plastics has been increasing production capacity for its Ultem polyetherimide but it still got caught short by increasing demand for ...    More

McCann expanding in Ohio

December 17, 2014 11:59 am ET

Compounding firm McCann Plastics will spend $1.2 million on an expansion project that will create 15 new jobs at its plant in Green, Ohio.    More

Image

Bayer launches PC sheet production in Guangzhou, China

December 17, 2014 6:00 am ET

Bayer MaterialScience (BMS) has started its new polycarbonate sheet production plant at its Guangzhou, China, site.    More

Image

Shipping slowdowns add to season's stress

December 16, 2014 4:02 pm ET

Toy companies know what they want for Christmas: an end to crippling shipping delays at West Coast ports.    More

Image

Ecolean expanding flexible packaging production in China

December 16, 2014 3:07 pm ET

Flexible packaging maker Ecolean AB is opening a new factory and warehouse in China to increase production.    More

Market Reports

Flexible Packaging Trends in North America

Our latest RESEARCH report examines trends in FLEXIBLE PACKAGING impacting the North American market including a review of economic conditions, key drivers of growth, materials pricing, M&A activity, sustainability challenges and the outlook for 2015.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events