Benefit from the booming Chinese market, nitrile rubber, LANXESS Rubber Co., Ltd. and Taiwan will each holding 50 percent, the establishment of LANXESS – Taiwan Rubber (Nantong) Chemical Industry Co., Ltd., a joint venture. The new company is located in Nantong, Jiangsu Province, an annual output of 30,000 tons nitrile rubber (NBR), the total investment amount of 50 million U.S. dollars (about 36 million euros), plans to high-quality nitrile rubber (NBR) Product Development, Greater China Pacific market.
Plant is expected to commence in September 2010, the first half of 2012 production. Before the commissioning of the factory in Nantong, a joint venture to introduce the second half of 2010, the French La Wantzenau LANXESS plant (this plant is currently the world’s largest acrylonitrile-butadiene rubber manufacturing plant) production of nitrile rubber products actively expanding Chinese market.
“China NBR market is a double-digit growth rate, is the world’s fastest growing markets. LANXESS Group Management Board Bo Wei Ning (Werner Breuers) said:” With the establishment of joint venture, Lanxess and customers increasingly close relationship between, and further open the emerging Asian markets. “
Tu Wei-hua, general manager of Taiwan Rubber said: “The rubber company in China, Taiwan has rich experience in management practices and manufacturing, combined with Lanxess in the field of synthetic rubber market and technical expertise, set up by the joint venture will create a win-win value.”
Nantong Economic and Technological Development Zone, Jiangsu Province, located in the coastal Yangtze River Delta, the development zone is equipped with chemical, textile and electronics companies, and international companies have entered. With the Asia’s most modern factories NBR invested, will create 100 local development zones jobs at the same time, during the plant construction is expected to have 500 people will participate. Relevant departments for the joint set of enterprise anti-trust review the license, the first half of 2010.
Nantong Taiwan Rubber Company plant is currently one of Asia’s largest synthetic rubber plant, its products are highly cost-effective ESBR, BR and TPE, rubber Taipol Taiwanese brands. 2009 Taiwan rubber sales of 7 billion U.S. dollars, currently has 1,100 employees worldwide. In addition to Nantong, but also in Shanghai, Jinan, has plants in Taiwan and Thailand.
LANXESS Group is the world’s largest manufacturer of synthetic rubber, and is the world’s largest manufacturer of nitrile rubber products, industrial rubber products LANXESS’s Ministry to Perbunan, Krynac, Baymod and Nanoprene other brands. These products compared to conventional rubber, more oil, anti-ozone, UV and heat resistance characteristics. NBR product range, its use, including seals, hoses, rubber gloves, elastic line and the press roller cover.
Department of Industrial Rubber Products LANXESS LANXESS high-performance polymer plate attached to its 2009 annual sales of 2.4 billion euros, the Ministry of industrial rubber products, has five production sites located in Leverkusen, Dormagen, Moore, La Wantzenau France and the United States Orange, there are 1,000 total employees. LANXESS 2009 total sales in the Greater China region almost 600 million euros.
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