Lanxess makes its biggest leather investment yet in - leatherbiz: Lea Leatherbiz

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Lanxess makes its biggest leather investment yet in China

09/12/2010
Specialty chemicals group Lanxess has announced that it will invest about EUR 30 million in new a plant for leather chemicals in Changzhou, Jiangsu province, China. The company says this will be the single largest investment by its leather chemicals business unit in China to date. It will create approximately 150 new jobs through this investment.

The facility will have an annual capacity of up to 50,000 tonnes and will be located at the Changzhou Yangtze Riverside Industrial Park. Lanxess says production should begin there by the first half of 2013 and that the new facility will produce some of its premium leather chemicals—including Tanigan, Isoderm, Euderm and Levotan—for tanners in the local Chinese market.

“China is the largest market for leather chemicals worldwide, with steady growth expected,” said Lanxess chief executive, Axel Heitmann, on making the announcement at a press conference in Changzhou.

Lanxess has been operating a production site and research and development center in Wuxi, Jiangsu province, since 1998. The site also produces leather chemicals and has an annual output of 30,000 tonnes.



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