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

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

Citadel opens second compounding facility in China, near Shanghai

January 27, 2015 3:22 pm ET

Citadel Plastics Inc., the American manufacturer of thermoplastic and engineered composite compounds, has opened its second facility in China,...    More

Image

Sales, profit fall at DuPont

January 27, 2015 3:13 pm ET

Materials giant DuPont Co. will use almost all of the proceeds from an upcoming spinoff — one that includes its fluoropolymer and titanium...    More

Image

A. Schulman, Citadel continue buying blitz

January 27, 2015 11:32 am ET

A. Schulman Inc. and Citadel Plastics Inc. — two deal-happy materials firms — were at it again in the second half of 2014.    More

Image

It's becoming a seller's market for plastics firms

January 27, 2015 11:37 am ET

The pace of plastics mergers and acquisitions activity slowed a bit in the second half of 2014 — but market watchers have high expectations for ...    More

Image

Materials market sees more deals

January 27, 2015 11:26 am ET

Plastics materials deals showed modest growth in 2014, increasing 6 percent vs. their 2013 total.    More

Market Reports

Plastics in Automotive: Innovation & Emerging Trends

This special report newly released by PN and sponsored by The Conair Group examines current trends in the use of plastics in automotive, materials innovations and the changing landscape. It includes a review of legislative/regulatory activity impacting vehicle development and lightweighting, market opportunities & challenges for mold and toolmakers, innovative design strategies being implemented by major OEMs and suppliers, as well as a review of key indicators in Canada, Mexico, Brazil and China.

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

Injection Molding Market Analysis & Processor Rankings

Plastics News BUNDLED package contains our in-depth Market Analysis of the Injection Molding segment. You will gain keen insight on current trends and our economic outlook.

As a BONUS this includes PN's updated 2014 database of North American Injection Molders RANKED by sales volume. Sort, merge, mail & prospect by end market, materials processed, region, # of plants and more.

Learn more

Upcoming Plastics News Events

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