"The high-performance plastics business is a central pillar of our growth strategy. By expanding capacity, we are further strengthening our position as a provider of innovative product solutions for modern mobility. At the same time, we are making even better use of the potential of our integrated value chain for these products," said Hubert Fink, Member of the Lanxess Board of Management. "The investment also shows that we are strongly committed to North Rhine-Westphalia as a business location."
Lanxess already operates a polymerization and compounding plant for high-performance plastics in Krefeld-Uerdingen. It was only in March 2018 that the company put a new line for the production of specialty compounds into operation there. With the new investment, Lanxess is once again strengthening the importance of the site for the company.
"Krefeld-Uerdingen is our central production platform for high-performance plastics, especially for the European markets. The expansion will enable us to better serve the continuing high demand from this market region in the future," said Michael Zobel, head of Lanxess’ High Performance Materials business unit.
The new plant in Krefeld-Uerdingen will be designed so that Lanxess can expand its operations in the coming years, in line with demand.
Lightweight solutions for modern mobilityLanxess’ high-performance plastics allow the construction of components that replace metal parts in motor vehicles and thus contribute to reducing weight, fuel consumption and emissions. The innovative materials are used, for example, in engine applications, door structures, pedals, front ends and cockpit cross members. Depending on the part, the lightweight construction can make a weight-saving of up to 50 percent.
There are also many applications for Lanxess plastics in hybrid and electric vehicles, some of which are already successful in mass production. These include components for charging systems, carriers and cell holders for battery systems as well as sensors and housing parts for electric motors. The materials also have great potential in electro mobility infrastructure, such as in housing, switches and terminal clips for charging stations.