Lanxess (Leverkusen, Germany) in investing EUR12 million ($16.25 million) to convert 50 percent of its ethylene propylene diene monomer (EPDM) synthetic rubber production in Geleen, the Netherlands, to innovative Keltan ACE technology.
|New EPDM grades to be manufactured at Geleen.|
In addition, Lanxess will set up a new headquarters in Geleen for its global EPDM rubber business. The building for up to 120 employees will be constructed on the chemical industrial site of Chemelot. Construction will start in the spring of 2012, and inauguration is planned for the beginning of 2013.
"The sustainable Keltan ACE technology, our new and highly modern headquarters for our EPDM business and the highly innovative environment of the Chemelot Campus will help us on our course of expansion," said Axel C. Heitmann, Chairman of the Board of Management of Lanxess AG. "The planned measures will make the Geleen site a true center of innovation within the global Lanxess network."
Lanxess steers its global business with EPDM rubber from Geleen. In May 2011, Lanxess acquired the EPDM rubber business of Royal DSM N.V. for EUR 310 million, with 420 employees worldwide - including 260 in Sittard-Geleen.
"The integration process of the new EPDM business into Lanxess is running smoothly and is already contributing very positively to group earnings," said Guenther Weymans, Lanxess Country Head for the Netherlands and Head of the Technical Rubber Products business unit.
EPDM is used above all in the automobile industry but also in plastics modification, wire and cable, construction and oil additives industries. Its properties include very low density, good resistance to heat, oxidation, chemicals and weathering as well as good electrical insulation properties.
Recently, Lanxess announced that it plans to commercially produce EPDM from bio-based ethylene by the end of the year. It will be the first form of bio-based EPDM rubber in the world and will be sold under the brand name Keltan Eco.-[email protected]