LEVERKUSEN, Germany (May 23, 2012)—The Lanxess A.G.-TSRC Corp. nitrile rubber joint venture plant in Nantong, China, has begun production.
The $50 million facility has an initial annual capacity of 30,000 metric and employs 100, Lanxess said. NBR produced at the facility is targeted for the domestic market, which is the world's largest and fastest-growing for the oil-resistant rubber, used in the automotive and construction industries.
Rapid urbanization and growing mobility are driving demand in China, according to Axel Heitmann, chairman of Lanxess' management board.
The Lanxess-TSRC (Nantong) Chemical Industrial Co. Ltd. joint venture—owned equally by the partners—was set up in 2010, and has been supplying Chinese customers with NBR produced at the Lanxess plant in La Wantzenau, France, until the Nantong plant start up.
The new plant is built at a site of about 431,000 square feet, and located in the Nantong Economic and Technological Development Zone in Jiangsu Province, northwest of Shanghai.
Lanxess has a portfolio of more than 60 NBR grades. The most important Krynac grades will be produced in Nantong. NBR products have a higher resistance to oil than conventional rubbers, Lanxess said.