LEVERKUSEN, Germany (April 11, 2011)—Lanxess A.G. is expanding its production capacities for hydrogenated nitrile butadiene rubber at its facilities in Leverkusen, Germany, and Orange, Texas, by 40 percent.
This synthetic high-performance rubber is marketed under the brand name Therban. Lanxess said it will invest, "a low single-digit million euro amount" in the expansion.
Expansion work on the German and U.S. production facilities has already begun. The expansion in Leverkusen is scheduled for completion in April 2012, while the Orange facilities will be ready by December 2012. The measures will create 15 jobs.
Lanxess said the HNBR market is growing globally at a double-digit annual rate. This is due in particular to a strong global demand from automotive manufacturers, especially in China and India.