Lanxess Plans First U.S. Compounding Plant

Lanxess plans to build a 20,000 m.t./year compounding facility for engineering plastics at Gastonia, NC, part of a €75 million ($105 million) investment program in its semi-crystalline plastics business. The company has also announced plans to double capacity at a polybutylene terepthalate (PBT) compounding joint venture with DuPont at Hamm-Uentrop, Germany. Demand for Lanxess’ semi-crystalline plastics, which include PBT, nylon-6, and nylon-6,6, is expected to grow about 7%/year through 2020, driven by rising automobile production coupled with the trend...

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