LANXESS Expands Plant for Inorganic Pigments in China
COLOGNE, Germany/SHANGHAI - Specialty chemicals group LANXESS is strengthening its production network in China to meet demand for iron oxide pigments and is adding a mixing and milling plant to the pigment plant already under construction in Ningbo, China.
LANXESS is creating a total of roughly 200 new jobs with these two plants. Potential customers for the iron oxide pigments are the coatings, plastics, construction and paper industries. This brings the total investment at the Ningbo site from around €55 million to around €60 million.