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Lanxess builds new plant for high-tech plastics in Belgium  

By Gerald Ondrey |

Lanxess AG (Leverkusen, Germany; www.lanxess.com) is investing €75 million in the construction of a new plant for high-tech plastics in Antwerp. The world-scale facility for polyamide plastics is designed for an annual capacity of 90,000 metric tons and scheduled to begin operation in the first quarter of 2014. “This investment is yet another milestone on our way towards profitable growth, and a clear commitment to our Antwerp site. High-tech plastics play a critical role in our global strategy. Our plans for growth depend on innovations and technologies that support the global megatrends. Activities therefore are focused on solutions for sustainable mobility,” says Axel C. Heitmann, chairman of the Board of Management of Lanxess AG, at the groundbreaking ceremony for the new polyamide facility. Global demand for high-tech plastics is expected to rise by 5 to 6% each year through 2020. The automotive industry is one of the main growth drivers for Lanxess plastics. The new plant for the polymerization of high-tech plastics is being built in the direct vicinity of the caprolactam facility operated by Lanxess in Antwerp. Caprolactam is the key precursor for plastics manufacturing at Lanxess. “With this new combination…
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