MOSCOW (MRC) -- Lanxess subsidiary Bond-Laminates, that belongs to the business unit High Performance Materials, has completed capacity expansion at its site in Brilon, Germany, for the high-performance composite Tepex on schedule, reported Lanxess on its site.
The two new production plants were recently taken into operation.
Altogether, the company now has facilities with a total annual capacity of well over four million square meters Tepex. In addition to a new production hall, further storage areas and office space were also added.
"These investments come in response to the rapidly rising demand for Tepex, particularly in the automotive, sports equipment and consumer electronics industries," said Jochen Bauder, Managing Director of Bond-Laminates.
Tepex comprises continuous fiber-reinforced thermoplastic composites. Polyamide, polypropylene, thermoplastic polyurethane, polycarbonate or polyphenylene sulfide is used for the thermoplastic matrix. The continuous-fiber fabrics are made of glass, aramid or carbon fibers. The advantage of Tepex and its products is the high stiffness and strength alongside the very low weight, which means that it can be used in many applications as an alternative to heavier materials such as sheet metal.
As MRC wrote previously, last summer, German specialty chemicals company Lanxess celebrated the opening of its first production facility in Russia. In the new plant at the Lipetsk site, Lanxess subsidiary Rhein Chemie manufactures polymer-bound rubber additives for the markets in Russia and the Commonwealth of Independent States (CIS), primarily for the automotive and tire industries. A production facility for the bladders used in tire production is to be added in 2016. The overall investment volume in euros amounts to a seven-digit figure and 40 new jobs will be created at the new plant in the medium term.
Lanxess is a leading specialty chemicals company with sales of EUR 8.3 billion in 2013 and roughly 17,000 employees in 31 countries. The company is currently represented at 52 production sites worldwide. The core business of Lanxess is the development, manufacturing and marketing of plastics, rubber, intermediates and specialty chemicals.
MRC