On February 28, a groundbreaking ceremony was held at Anhui Tongfeng Shengda Chemical Co., Ltd., a new joint venture established by LANXESS in China. This marks the first foreign-owned enterprise in the country dedicated to producing rubber antioxidants. The facility is expected to be completed by the end of 2006, with production of the key compound 6-PPD starting soon after. Once operational, the plant will supply the entire Chinese market with high-quality anti-aging agents for rubber products.
According to available information, the 6-PPD produced by this joint venture is currently manufactured by LANXESS in Europe, India, and the United States. LANXESS has committed to transferring its technical expertise and production know-how to the new facility over time. The company emphasized that this investment represents a strategic move to build a strong local production base in China. By doing so, LANXESS aims to enhance its ability to serve Chinese customers more efficiently and reliably.
The Chinese rubber industry is seen as a key growth area, with significant long-term potential. LANXESS has expressed confidence in the market and plans to solidify its presence in China while supporting the development of the local rubber sector. This new joint venture is not just a business expansion but also a step toward deeper integration into the Chinese economy and a commitment to sustainable growth in the region.
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