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, China, Materials Suppliers, 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

A. Schulman reports growth in sales and profit

October 22, 2014 7:58 pm ET

Executives with materials maker A. Schulman Inc. have to be smiling after seeing full results for the firm's 2014 fiscal year.    More

Image

PolyOne takes on LED lighting

October 22, 2014 4:23 pm ET

PolyOne Corp. is making inroads into LED lighting applications with its Therma-Tech-brand material technology.    More

Image

Bergen International adds manufacturing space, extrusion line

October 22, 2014 3:42 pm ET

Chemical foaming agent manufacturer Bergen International LLC recently doubled its manufacturing capacity, added an extrusion line and laboratory...    More

Image

DuPont materials taking more ground in auto, medical, electronics

October 22, 2014 2:41 pm ET

Materials made by DuPont Co. are making inroads with products ranging from auto coolant pipes to circuit breakers to surgical devices.    More

Image

Materials companies introduce a range of new products at Fakuma

October 22, 2014 11:29 am ET

DuPont Co. led a parade of materials firms with new products at Fakuma 2014.    More

Market Reports

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 million dollar 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

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

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

More Events