Lanxess begins constructing Chinese iron oxide pigments facility
Specialty chemicals group Lanxess has started construction of an iron oxide pigments facility in Ningbo, Zhejiang, China, with an investment of €55m.
The company has started the piling process at the facility located in the Ningbo Petrochemical Economic & Technological Development Zone - the plant is expected to have an initial capacity of 25,000mt per year.
LANXESS Inorganic Pigments business unit in the Asia Pacific region head Wolfgang Oehlert said the new plant will focus on producing pigments in the most environmentally-friendly way.
"The Inorganic Pigments business unit will continuously invest in providing premium products for local customers to participate in the growth here," Oehlert added.
The new plant, which will employ 150 staff, will start production of new red iron oxide pigments in the first quarter of 2015.
Under the Bayferrox brand, the company will market the yellow shaded red pigments for paints and coatings manufacturers.
LANXESS Inorganic Pigments business unit head Joerg Hellwig said the plant will expand the company's inorganic pigments production network.
"It also further complements our product portfolio and allows us to be better positioned to meet the growing market demand not only in China, but globally," Hellwig added.
The company has an iron oxide pigments plant in Jinshan, Shanghai, China, which produces 38,000t of iron oxide yellow and black pigments annually.
Image: Lanxess begins piling for an iron oxide red pigments facility. Photo courtesy of LANXESS.