2012-06-05

LANXESS investing in its French production site for tire rubbers

Port Jérôme/Shanghai– Specialty chemicals group LANXESS is investing in its production site for high-performance rubber in Port Jérôme, France. The Group plans to invest some EUR 30 million by 2015 to further enhance productivity and energy efficiency. LANXESS produces the high-performance rubbers neodymium-polybutadiene (Nd-PBR) and solution styrene-butadiene (SSBR) at the site. These rubber grades are used primarily for the production of “green tires”.


“The production of high performance rubbers in Port Jérôme plays a key role in our global strategy. We support global megatrends with our innovations and technologies. A particular focus here is solutions for sustainable mobility,” said Axel C. Heitmann, Chairman of the Board of Management of LANXESS AG, at a celebration of the site’s 50th anniversary.


LANXESS is the global market leader in synthetic high-performance rubber for “green tires”. With annual growth rates of around 10 percent, this is the fastest-growing segment of the global tire industry. Increasing demand for “green tires” is being driven by the megatrend of mobility, particularly in Asia and Latin America. LANXESS also expects increased demand in Europe as a result of the EU labeling requirement for tires that enters into force in November 2012. “Our high-performance rubbers are indispensable for meeting the new legal requirements and satisfying the customer wishes expected to arise from them. As the world’s largest partner to the tire industry, we have reacted promptly to this trend by making the corresponding strategic investments decisions and expanding our capacities,” added Heitmann. The plant in Port Jérôme currently has a production capacity of 140,000 metric tons per year. LANXESS is also planning a new plant for Nd-PBR rubber in Singapore. The new plant, which will cost some EUR 200 million to build, is scheduled to start production in 2015.


According to current forecasts, around 2 billion new tires will be produced worldwide in 2015. At the moment, this figure is around 1.6 billion. This represents an increase of around 25 percent for the entire tire industry.


Nd-PBR and SSBR for fuel-efficient and safe tires

Nd-PBR is used mainly in the tread and sidewalls of “green tires”. This rubber grade enables a lower rolling resistance than many other tire rubbers. It also reduces tire abrasion and therefore plays a substantial role in making cars safer and more durable. SSBR is used primarily in the tread of “green tires”. This rubber grade reduces the rolling resistance of tires while also improving wet grip. “Green tires” exhibit the best driving characteristics when they contain both SSBR and Nd-PBR.
 

LANXESS is a leading specialty chemicals company with sales of EUR 8.8 billion in 2011 and currently around 16,800 employees in 30 countries. The company is at present represented at 49 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of plastics, rubber, intermediates and specialty chemicals. LANXESS is a member of the leading sustainable indices Dow Jones Sustainability Index (DJSI) World and FTSE4Good.

 

Forward-Looking Statements
This news release may contain forward-looking statements based on current assumptions and forecasts made by LANXESS AG management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.

 

Information for editors:

All LANXESS news releases and accompanying photo, video and audio material can be found at http://www.lanxess.cn or http://www.weibo.com/lanxess.

Information on chemical products from LANXESS can also be found in our Web Magazine at http://webmagazine.lanxess.cn.

 

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