LANXESS accelerates investment in China

Wang Yongli, the president of LANXESS China, recently shared key updates about the company’s expanding presence in the country. He revealed that the hydrated hydrazine plant in Weifang, China, which was originally located in Baytown, Texas, is set to begin operations in the third quarter of this year. This 12,000-ton-per-year facility has been completely dismantled and reconstructed in China. At the recent Chemical Week Asia-Pacific Conference in Singapore, Wang emphasized that while the project faced some challenges during the relocation, the long-term outlook remains positive. The plant is a result of a 55/45 joint venture between LANXESS and Weifang Yaxing Chemical. In addition, LANXESS announced plans to build an antioxidant joint venture in Tongling in early 2007. This new facility is expected to strengthen the company's position in the Chinese market. LANXESS already operates several joint ventures in China, primarily serving the rubber industry. These partnerships have helped the company establish a strong foothold in the region. Looking ahead, the 20,000-ton-per-year engineering plastics compounding facility in Wuxi will start production next month. It will manufacture Durethan nylon and Pocan polyester semi-crystalline plastics. According to reports, LANXESS is also planning to add a second production line to further expand capacity. In the past year, the company doubled its leather chemicals production in Wuxi. Additionally, LANXESS established its engineering rubber business headquarters in Shanghai last year and invested in a dedicated technology center for this division. Wang Yongli also highlighted that over the next five years, China will be the primary focus for LANXESS’s investments. While the company will increase its investment in India in the future, China remains its strategic priority. This decision comes as part of a broader plan to restructure LANXESS’s global assets, either through new projects or by transferring operations from other regions. Currently, less than 5% of LANXESS’s total assets are based in Asia, and Asian sales account for approximately 15%. With these developments, LANXESS is clearly positioning itself for continued growth in the region.

Single Station Molding Machine

Horizontal molding machine

Changzhou Qiaojie Casting Equipment Co., Ltd. , https://www.jsqiaojie.com