Thursday, April 16, 2015

LANXESS starts production at its new EPDM plant in China

·        Premium grades of EPDM tailored to Asian customer needs
·        Gradual ramp-up of new plant
·        Nameplate capacity of 160,000 metric tons per year

Mumbai,  April  2015: Specialty chemicals company LANXESS has successfully started its new EPDM plant in Changzhou (Jiangsu Province), China. With the gradual ramp-up of the new plant LANXESS completes its global EPDM (ethylene propylene diene rubber) asset base. 

Over the next months LANXESS will be running sampling and approbation processes with customers. The new plant will produce in total ten premium grades of EPDM tailored to Chinese and Asian customer needs. 

The plant has a nameplate capacity of 160,000 metric tons per year. It is located at the well-established Changzhou Yangtze Riverside Industrial Park, with access to excellent storage and ship uploading facilities.
LANXESS is a leading specialty chemicals company with sales of EUR 8.0 billion in 2014 and about 16,600 employees in 29 countries. The company is currently represented at 52 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of plastics, rubber, intermediates and specialty chemicals. LANXESS is a member of the leading sustainability indices Dow Jones Sustainability Index (DJSI World and DJSI Europe) and FTSE4Good.

Forward-Looking Statements
This news release may contain forward-looking statements based on current assumptions and forecasts made by LANXESS AG management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.

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