SHANGHAI, China (Feb. 28)—German rubber and rubber chemicals maker Lanxess GmbH intends to make rubber chemicals in China, starting with antioxidants, by the latter half of 2006 at a new joint venture in Anhui Province with two Chinese partners.
The new venture, Anhui Tongfeng Shengda Chemical Co. Ltd., will build a plant in the Economic and Technological Development Zone of Tongling, Anhui, about 300 miles west of Shanghai to make Vulkanox 4020 (6-PPD, N-(1,3-dimethylbutyl)-N'-phenyl-p-phenylenediamine) for the Chinese market.
Rainier van Roessel, senior vice president of Lanxess' Rubber Chemicals Business Unit, called the venture an "important bridgehead" for supplying Chinese customers. "Apart from that," he said at a contract-signing ceremony in Shanghai, "we will also be an attractive partner for international rubber manufacturers who already have production facilities in China or will have in the future."
Lanxess did not disclose investment or capacity figures for the plant but said it would become the first foreign company to make 6-PPD antioxidant in China. The material is used to protect rubber compounds from material fatigue and as an antiozonant, particularly with chloroprene rubber.
Lanxess' production partner is the chemical company Xinda Corp., while the second major Chinese shareholder is the Shanghai-listed investor Anhui Tongfeng Electronic Co Ltd.