Lanxess to construct new production plant in Russia
Rhein Chemie, a subsidiary of Lanxess, is to construct a new production plant in Lipezk, Russia, to manufacture rubber additives and release agents to meet the demand from the Russian and the Confederation of Independent States (CIS) markets.
The €5m production plant is expected to produce about 1,500t of Rhenogran rubber additives and up to 500t of Rhenodiv release agents every year. With the launch of production scheduled for the first half of 2013, the new plant is also expected to produce bladders for the tyre industry from 2016.
Lanxess member of the board of management Rainier van Roessel said that Russia and the CIS are key growth markets for them as part of their strategic focus on the BRIC (Brazil, Russia, India, China) countries and global megatrends such as mobility. "By building this site we want to benefit directly from the potential this region offers," he added.
Rhein Chemie managing director Anno Borkowsky said the location was in close proximity to customers and the good infrastructure in the Lipezk Industrial Park had played a crucial role in selecting the site. "We are seeing a rise in demand from the Russian car and tire industries for quality products, and we will be able to cater to their needs in the future through our new plant and high-quality, innovative product portfolio," she said.
Construction of the production plant is expected to begin in early 2012. The German specialty chemicals group, with sales of €7.1bn in 2010, has 47 production sites across the globe and manufactures plastics, rubber, intermediates and speciality chemicals.