Lanxess launches new compounding plant in Brazil aimed at auto market

By Michael Lauzon
Correspondent

Published: April 11, 2014 12:32 pm ET
Updated: April 11, 2014 12:44 pm ET

Image By: Lanxess AG Lanxess' new site in Brazil will make its Durethan reinforced resin and other materials focused on the auto industry.

Related to this story

Topics Automotive, Materials, Materials Suppliers, Latin America, South America

Lanxess AG has officially opened its auto-oriented thermoplastics compounding plant in Porto Feliz, Brazil.

The Cologne, Germany, company said on April 10 that the 20 million euro ($27.7 million) investment has initial annual capacity of 44 million pounds to compound nylon and polybutylene terephthalate with additives and glass fiber reinforcements in creating its Durethan and Pocan brand materials. The compounding operation will employ up to 50.

Lanxess first announced the project in spring of 2013. Automotive is a fast growing market in Brazil and Latin America, creating demand for lightweight materials to replace metals. Automakers also are promoting more uniformity for components, opening up opportunities for global suppliers in regional markets.

Rising needs for high-performance plastics has spurred Lanxess to expand capacity for the polymers. A new nylon plant in Antwerp, Belgium, underlines Lanxess’s focus on such plastics. The new factory will have annual capacity of 200 million pounds when it starts up in the third quarter of 2014.

Lanxess’s other operations in Porto Feliz include rubber additives and components, and inorganic pigments. The firm employs about 1,100 at seven sites in Brazil, which accounts for about 9 percent of its global sales.

Lanxess’s performance polymers business logged sales of 4.5 billion euros ($6.2 billion) in 2013. The polymers business is integrated with other company units making glass fibers and caprolactam monomer for nylon 6.


Comments

Lanxess launches new compounding plant in Brazil aimed at auto market

By Michael Lauzon
Correspondent

Published: April 11, 2014 12:32 pm ET
Updated: April 11, 2014 12:44 pm ET

Post Your Comments


Back to story


More stories

Image

New Hexcel plant will supply carbon fiber for Airbus A350 XWB

September 30, 2014 2:43 pm ET

Hexcel Corp. is investing $250 million on a new carbon fiber plant in France, with part of the production going into the future Airbus SAS A350 XWB.    More

Image

LyondellBasell CEO Gallogly to retire

September 30, 2014 3:00 pm ET

James Gallogly, CEO of Houston-based polyolefins producer LyondellBasell Industries NV, on Sept. 29 announced plans to retire in 2015.    More

Image

Ohio molder Denbro Plastics moves to new location

September 29, 2014 6:17 pm ET

Logo products injection molder Denbro Plastics Co. has moved to another plant within Toledo, Ohio, to streamline production and improve efficiency.    More

Image

Asahi Kasei breaks ground on Alabama compounding plant

September 29, 2014 5:39 pm ET

Asahi Kasei Plastics North America will be able to solve two problems at once with a new compounding plant in Athens, Ala.    More

Image

DuPont shifting Teflon production in China

September 29, 2014 2:35 pm ET

DuPont Co. will spend more than $15 million to improve its fluoropolymer product offerings in China.    More

Market Reports

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 industry analysis highlights macro industry trends and micro trends faced by companies that do business in Mexico. The report also provides key industry statistics and forecasts to anticipate future industry expansion.

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

Injection Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

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