LANXESS is a leader in specialty chemicals headquartered in Leverkusen, Germany, with sales in 2008 of EUR 6.58 billion. The company is represented at 44 production sites in 21 countries. The core business of LANXESS is the development, manufacture and sale of plastics, rubber, intermediates and specialty chemicals. LANXESS is treading the path that is inherent in its name: Combined from the French verb “lancer” meaning to thrust forward and the English noun “success”, LANXESS represents the determined will to achieve and the readiness to embrace continual change.
LANXESS’s Development in China
On Jan 31, 2005, the company was initially listed on the Frankfurt Stock Exchange and LANXESS Chemical (Shanghai) Co., Ltd. officially started its operation. In 2006, The LANXESS Group has launched “LANXESS goes Asia”, which aims, with the aid of specifically targeted investment, to give a decisive boost to profitable growth in the Asia-Pacific region. In 2008, LANXESS carried out the first acquisition in China. With the take-over of the iron oxide pigment plant in Jinshan near Shanghai, LANXESS acquired one of the largest and most state-of-the-art facilities in China for the manufacture of yellow iron oxide pigments. Also in 2008, LANXESS launched the Rubber Research Center (RRCQ) in Qingdao, China. Today, LANXESS has 11 subsidiaries, 3 joint ventures and 6 R&D centers in China, with total 850 employees in Greater China Area.
Sales Growth in China
(Portfolio and currency adjusted sales)
FY 2006, LANXESS reported a sales growth rate more than 12% in China;
FY 2007, LANXESS reported a sales growth rate up to 23.4% in China;
FY 2008, LANXESS reported a sales growth rate up to 15% in China;
LANXESS in China
Country Representative: Martin Kraemer
Employees: 850 (up to Dec,2008)
Sites: Shanghai, Beijing, Guangzhou, Hong Kong, Wuxi, Qingdao, Weifang, Tongling
All 13 Business Units at LANXESS represent in China at the following sites:
Shanghai: Shanghai is the headquarter of LANXESS’s business in China. The Technical Rubber Products business unit operates a Technical Center in Zhangjiang. The Inorganic Pigments Business Unit Jinshan site produce yellow iron oxide pigments with annual capacity of 30,000 metric tons. It is the most modern and the single biggest plant for the production of yellow iron-oxide pigments in China. This facility will ensure the raw material supply for LANXESS Shanghai Pigments, a mixing and milling pigment plant in Taopu, Shanghai.
Wuxi: The Leather business unit supplies leather chemicals for the entire Asia Pacific region from here. It is also the location of the largest and most modern R&D Center for leather chemicals of the region. The Semi-Crystalline Products business unit manufactures high-tech plastics. Since May 2007, the Business Unit also operates an R&D Center for high-tech plastics in Wuxi. In 2008 the Material Protection Products business unit has opened a microbiology test lab in Wuxi to strengthen its competitiveness in the biocides business in Asia.
Qingdao: The Rhein Chemie Business Unit produces polymer additives for the electrical, electronics and automotive industries. In addition, LANXESS has built a new plant for the manufacture of lubricant additives in Qingdao. It started for production in the beginning of 2009.
Opened in July 2008, a new Rubber Research Center (RRCQ) in Qingdao was established in close cooperation with Qingdao’s University of Science and Technology (QUST). The world-class research center is located within the university’s vicinity.
Weifang: Together with a Chinese partner, the Basic Chemicals business unit manufactures hydrazine hydrate.
Tongling: The Rubber Chemicals business unit has a joint venture with two Chinese partners For the manufacture of the antioxidant Vulkanox.
Hong Kong: A team of sales experts markets the entire product portfolio for the Asia Pacific region.