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2007-07-12 News Release
LANXESS and DuPont expand joint plastics production The two chemical companies LANXESS of Leverkusen and DuPont of Geneva have expanded their joint venture for the production of plastics.
The two partners have invested more than EUR 10 million in the site in Hamm-Uentrop, which is operated by the joint company DuBay Polymer GmbH. Eleven new jobs have been created as a result of the expansion of the plastics production facility. A total of about 70 people now work for DuBay Polymer GmbH. "This joint venture with our partner DuPont has been a great success. The current investment has enabled us not only to further improve the cost structure of our joint venture, but also to reinforce the importance of the plant as one of the largest production facilities of its kind in the world," explained Dr. Hubert Fink, head of the Semi-Crystalline Products business unit at LANXESS. LANXESS is one of the leading European chemicals suppliers, with 2006
sales of EUR 6.94 billion and more than 16,000 employees in 18 countries.
The company is represented at around 50 sites worldwide. The core business
of LANXESS is the development, manufacture and sale of chemicals, rubber
and plastics. The production plant, which went on stream in 2004, produces the basic plastics material polybutylene terephthalate (PBT) for the joint venture partners. The main areas of application for PBT are the electrical and electronics
industry and automotive construction, where it is used, among other things,
for the production of headlamp bezels and distributor housings. The material
exhibits high heat resistance, stiffness and strength, low surface friction,
high wear resistance, low moisture absorption and good dielectric properties. Plastics Processing Jobs - Post Employment Opportunity!
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