
LANXESS-TSRC (Nantong) Chemical Industrial Company Ltd., a joint venture between LANXESS AG and TSRC Corporation, has broken ground for the construction of a nitrile rubber (NBR) plant in Nantong, northwest of Shanghai. The plant, with an investment of $ 50 million, will occupy an area of about 40,000 square metres with start up production target in the first half year of 2012. The plant will have an initial capacity of 30,000 metric tonnes annually. Driven by the mega trends of mobility and urbanisation in China, the demand for NBR is expected to grow at double-digit rates. The new plant will feature the latest technology and is an important step for LANXESS' planned growth in the nitrile rubber market in Asia, especially in China. TSRC is one of the largest synthetic rubber producers in Asia.
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