Bond-Laminates GmbH, , a wholly owned subsidiary of LANXESS (Cologne, Germany; www.lanxess.com) is increasing its production capacity for continuous fiber-reinforced thermoplastic composites of the brand Tepex. The company is currently building a new, fourth production unit of around 1,500 m2 at its Brilon site. Two additional production lines are scheduled to go into operation there in mid 2019. The company already produces innovative composites for the automotive industry and also for the electrical and sports industries on an area of around 5,000 m2. The investment, an amount in the single-digit-million-euro range, will significantly increase capacity to meet the growing demand for this forward-looking material. With this expansion, Bond-Laminates will create up to 30 new jobs.
The LANXESS High Performance Materials business unit is also investing in its global production network for high performance plastics, and is building a further compounding plant at its Krefeld-Uerdingen site for a sum within the mid-double-digit-million-euro range. Starting in the second half of 2019, LANXESS will produce Durethan and Pocan engineering plastics, which are used primarily in the automotive, electrical and electronics industries. In addition, a warehouse and a silo facility will be built. Construction will start in the fourth quarter of 2018. The investment will create around 20 new jobs at the Krefeld-Uerdingen site. The new compounding plant will be designed in such a way that LANXESS will be able to expand its operations with further capacities in line with demand over the next few years.