In 2012, the sales volume of LANXESS in China exceeded 1billion euros for the first time.
LANXESS, the world's leading special chemicals group, continues to focus on the growing Chinese market, and is expected to exceed 1billion euros in 2012. "China will continue to be the cornerstone of our fast-growing business in Asia." Axel itmann, chairman of the management board of LANXESS group, said when attending the green rubber day held in Beijing on December 2. "We believe that the energy consumption cost in the plastic granulation industry has become the second largest cost in the plastic granulation cost, second only to raw materials. High tech products that are committed to the wave of sustainable motorization play a major role in achieving this sales goal."
since the establishment of LANXESS, the Chinese market has been the focus of its global development strategy. In fiscal year 2010, the sales volume of langshanda in China reached 801 million euros, accounting for 11% of the total sales volume of the group. The number of employees in Greater China also reached about 1000. With the development of minimally invasive surgery and implantation in medical technology,
at present, all 13 business departments of LANXESS are operating in China. The company's recent investment projects include: building a new leather chemical factory in Changzhou, Jiangsu Province; Add a new high-tech plastic production line in Wuxi to expand production capacity; Set up a joint venture with Taiwan Rubber Co., Ltd. to produce nitrile rubber to the Chinese market worldwide. This new company will cooperate with auto parts suppliers of Kyoto University in Japan in 2012 to develop a new lightweight and high-strength material extracted from wood pulp cellulose nanofibers, which will be put into production half a year with an annual output of 30000 tons
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