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Friday, 20 September 2019
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Markets & companies, Raw materials market

Iron oxide pigments: Lanxess starts construction of new site in China

Thursday, 4 July 2013

Lanxess is investing EUR 55 million in the iron oxide red pigments plant, which will have an initial capacity of 25,000 metric tons annually.

Lanxess has just started piling for a premium iron oxide red pigments facility in Ningbo. The construction of the foundation for the future production and administrative buildings has begun. Source: Lanxess AG
Lanxess has just started piling for a premium iron oxide red pigments facility in Ningbo. The construction of the foundation for the future product...

German specialty chemicals company Lanxess has just started piling for a premium iron oxide red pigments facility in Ningbo. The company is investing EUR 55 million in the plant, which will have an initial capacity of 25,000 metric tons annually. With the start of the piling process, the construction work is proceeding right on schedule. New red iron oxide pigments will be introduced to the global market in the first quarter of 2015. Through its new plant, the pigment producer will create 150 new, jobs in Ningbo.

At the site in the Ningbo Chemical Park, the construction of the foundation for the future production and administrative buildings has begun. Almost 2,000 piles will be set to support the buildings' foundation. "The plant expands our global production network for inorganic pigments and enhances Lanxess’ position as a supplier of sustainable pigments. 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”, said Joerg Hellwig, Head of Lanxess’ Inorganic Pigments business unit.

The company will market the new yellow shaded red pigments worldwide under the well-known brand "Bayferrox”. Key customers are manufacturers of paints and coatings. Furthermore, the construction and plastics industries will be supplied.

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