As part of its Asia strategy, the Lanxess chemicals group is building a plant for the manufacture of lubricant additives in Qingdao, China.As part of its Asia strategy, the Lanxess LANXESS AG (FWB: LXSG) is a leading chemicals group with production sites and agencies all over the world: a global player in the fields of chemicals, plastics and rubber. LANXESS operations have a long history, rich with a tradition of research and discovery. chemicals group is building a plant for the manufacture of lubricant Lubricant A gas, liquid, or solid used to prevent contact of parts in relative motion, and thereby reduce friction and wear. In many machines, cooling by the lubricant is equally important. additives in Qingdao, China. The production facility, which belongs to Lanxess' subsidiary, Rhein Chemie, will go on stream no later than the fourth quarter of 2008 and will initially employ 50 people. At the new facility, Rhein Chemie will focus on the manufacture of customized additive additive In foods, any of various chemical substances added to produce desirable effects. Additives include such substances as artificial or natural colourings and flavourings; stabilizers, emulsifiers, and thickeners; preservatives and humectants (moisture-retainers); and formulations for lubricants lubricants preparations for the lubrication of passages to reduce frictional injury, e.g. oily preparations, including petroleum jelly, lanolin or water-soluble preparations such as methyl cellulose. with the product name Additin. Lanxess also announced plans to step up expansion in India as part of its strategy in Asia. In January, a plant for the production of the polymer-bound rubber chemical Rhenogran went on stream in Madurai (www.lanxess. com). (RW+) |
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