02 May 2017
02 May 2017
LANXESS has announced plans to further strengthen its integrated production complex for polyamide and precursors for plastics in Antwerp, Belgium.
With an investment of roughly €25 million in 2017, the company will primarily implement measures to further enhance efficiency.
“Our integrated production complex in Lillo is the backbone of our global business for high-tech plastics," says Matthias Zachert, Chairman of the Board of Management at LANXESS. "Given the trend toward lightweight construction in the automotive industry, for example, this is a major future market. Therefore we are continuously strengthening the competitiveness of this site. In total, our company has invested more than €300 million in Lillo since 2004 – a sum that shows our firm commitment to this site.”
The announcement was made on the occasion of the 50th anniversary of caprolactam production at the site. Caprolactam, a key precursor for the production of LANXESS’ plastics, is used in automotive, electrical and electronics applications.
In recent years LANXESS has focused on building a balanced value chain for its plastics production operations, which absorbs the lion’s share of the intermediates produced for captive use. A milestone on that strategic path was the construction of a world-class polymerisation plant with an annual capacity of 90,000 tonnes connected directly to the caprolactam production facility. The polyamide is shipped from Antwerp to LANXESS’ global network of compounding facilities, where it is further processed into plastics.
Photo provided by LANXESS
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