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Home  > Markets & companies  > Raw materials market  > Lanxess to build new pigment plant in China

Wednesday, 18 September 2019
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Markets & companies, Raw materials market

Lanxess to build new pigment plant in China

Monday, 28 January 2013

The plant, to produce iron oxide red pigments, will initially have an annual capacity of 25,000 metric tons.

Lanxess invested roughly EUR 55 million in its new Chinese site to produce iron oxide red pigments. Source: Lanxess AG

Lanxess invested roughly EUR 55 million in its new Chinese site to produce iron oxide red pigments. Source: Lanxess AG

German specialty chemicals company Lanxess is expanding its global production network for inorganic pigments in China. A new plant, to produce iron oxide red pigments, is being constructed at the Ningbo Chemical Park on the Chinese East Coast. The plant will initially have an annual capacity of 25,000 metric tons. The investment of about EUR 55 million will create 150 new jobs. Construction will begin in the second quarter 2013. The production start-up is scheduled for the first quarter of 2015.

Ningbo, located in the coastal province of Zhejiang, is China's second largest cargo port. The location for the new plant is the Ningbo Petrochemical Economic & Technological Development Zone (NPEDZ). The new Lanxess site will initially cover roughly seven hectares. A further plot of similar size has been reserved for potential expansion.

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