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Lanxess projects new investment in rubber.


The chemicals group Lanxess (www.lanxess.com) seeks to expand its global position in the butyl rubber butyl rubber: see rubber.  market and is pursuing plans to build a new facility in Asia. This would be the largest investment in the history of the company. Once a site is selected, Lanxess plans to bring the facility on stream in 2010. Lanxess projects an investment of EUR EUR

In currencies, this is the abbreviation for the Euro.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
 400 million. Negotiations at three possible sites, Singapore, Kunatan in Malaysia and Map Ta Phut Phut (fŭt), in the Bible, son of Ham and eponym of an African people. It may also be a region, possibly Punt or Libya, and is perhaps the same as Pul (2.) It also appears as Put.  in Thailand have begun.

Lanxess is pressing ahead with the worldwide expansion of its butyl rubber business. At its Canadian Sarnia, Ontario Sarnia is a city in Southwestern Ontario, Canada (city population 71,419, census area population 88,793, in 2006). It is the largest city on Lake Huron and is located where the three upper Great Lakes empty into the St. Clair River. , site, the company has completed the first phase of a plant expansion that will increase its butyl rubber capacity there by 42%. Lanxess has already started a second phase of expansion at the Sarnia plant, increasing annual capacity by another 10% in 2009. In order to satisfy the growing global demand for butyl rubber, Lanxess is also accelerating its expansion in Europe and Asia. At the Zwijndrecht, Belgium
There is also a Zwijndrecht in the Netherlands.
Zwijndrecht is both a village and a municipality located in the Flemish province of Antwerp, in Belgium. As well as Zwijndrecht proper, the municipality includes the villages of Burcht.
, facility, Lanxess already increased capacity by 10% in 2006.
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Title Annotation:Acquisitions, expansions
Publication:Rubber World
Date:Aug 1, 2007
Words:176
Previous Article:Zinc oxide reduction becoming a necessity.(Tech Bytes)
Next Article:Technical Rubber Products.(Acquisitions, expansions)
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