LANXESS to expand high-tech plastics production in China
Investment of EUR 30 million on strong market demand
LANXESS
“This expansion caters to the strong demand we experience from the growing Chinese automotive industry. As e-mobility is booming, it is driving new requirements for lightweight applications and continuously increases the share of electronic components used in cars”, says Hubert Fink, Member of the Board of the Management of LANXESS. “The new production line marks another vital step in enlarging our footprint in Greater China.”
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