LANXESS starts construction of iron oxide pigments site in China
LANXESS has started piling for a premium iron oxide red pigments facility in Ningbo.
LANXESS is investing EUR 55 million in the plant, which will have an initial capacity of 25,000 metric tons annually. With the start of the piling process, the construction work is proceeding right on schedule. New red iron oxide pigments will be introduced to the global market in the first quarter of 2015. Through its new plant, LANXESS will create 150 new, jobs in Ningbo.
“The plant expands our global production network for inorganic pigments and enhances LANXESS’ position as a leading supplier of sustainable pigments with outstanding properties and performance. It also further complements our product portfolio and allows us to be better positioned to meet the growing market demand not only in China, but globally”, said Joerg Hellwig, Head of LANXESS’ Inorganic Pigments business unit.
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