LANXESS expands capacities for Therban
Specialty chemicals company LANXESS is expanding its production capacities for Hydrogenated Nitrile Butadiene Rubber (HNBR) at its facilities in Leverkusen, Germany, and Orange, Texas, U.S., by 40 percent. This synthetic high-performance rubber is marketed under the brand name Therban. LANXESS will invest a low single-digit million euro amount in the expansion.
“We are responding to the significant increase in global demand for this high-performance rubber and are rigorously continuing our growth strategy,” said Günther Weymans, head of the Technical Rubber Products (TRP) business unit at LANXESS.
Expansion work on the German and U.S. production facilities has already begun. The expansion in Leverkusen is scheduled for completion in April 2012, while the Orange facilities will be ready by December 2012. The measures will create 15 new jobs.
The HNBR rubber market is currently growing globally at a double-digit annual rate. This is due in particular to a strong global demand from automotive manufacturers, especially in China and India.
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