Lanxess to Invest €30 Million in Brazil
Lanxess has announced three investments totaling €30 million in Brazil. The company said investments will support the growing trend toward green mobility in the Latin American country. The investments include the construction of two new plants at the company's Porto Feliz site in the State of São Paulo. One plant will produce the high-tech engineering plastics Durethan and Pocan; the plant will have an initial capacity of 20,000 metric tons per year and will go on stream in mid-2013. The other plant will produce the rubber additives Rhenogran as well as Rhenoshape curing bladders.
In the third investment, Lanxess is re-engineering parts of its plant in Triunfo, Rio Grande do Sul, in order to produce EPDM rubber from bio-based ethylene. The Brazilian company, Braskem S.A., will supply the ethylene, derived from sugarcane, by pipeline as of November.
