Specialist chemicals company Lanxess has announced a three year plan to invest €100 million (£87 million) in expanding production facilities for chemical intermediates.
Lanxess will grow its sites in Leverkusen and Krefeld-Uerdingen, North Rhine-Westphalia, with a €40 million investment, and add to facilities in Brunsbüttel, Schleswig-Holstein, and Antwerp.
Hubert Fink, Director of Lanxess, said: “Organic growth is a key success factor as Lanxess heads forward. This investment program accompanies the dynamic development of our customers and their sectors. A high proportion of the planned new capacities is already backed by customers’ orders. At the same time, we are also strengthening our sites, particularly in North Rhine-Westphalia.”
Production facilities at the Krefeld-Uerdingen site will be expanded for trimethylolpropane, hexanediol and menthols, to accommodate growing demand on global markets.
View of Lanxess' Krefeld site
Trimethylolpropane and hexanediol are used in the automotive, furniture and construction industries.
At the Leverkusen site capacity expansion for special amines is scheduled to start this year, which are intermediates for further processing in the car industry.
At the Antwerp site in Belgium, Lanxess will expand its production capacities for rubber chemicals.