LANXESS to expand antioxidant production capacity in Taiwan
LANXESS, based in Cologne, Germany, is expanding its production capacity for light-color aminic antioxidants at its Taiwan site by several kilo tons. The specialty chemicals company is investing several millons to expand its facility in response to growing demand in the Asia-Pacific region. The additional volumes are expected to be available by the end of 2022.
“We’ve seen rapid market growth in aminic antioxidants in the recent months and years,” says Martin Saewe, head of LANXESS’s Lubricant Additives Business (LAB). “With our strategically located three assets and our backwards integration into the key raw material, we stand for supply resilience in the industry. We intend to use the additional capacity to strengthen our leading market position in APAC and to support our customers with their growing demand.”
Safer, more sustainable and higher performing antioxidants
“To be ahead of the curve, we continue to develop safer, more sustainable, and higher performing antioxidants that are capable to meet changing market requirements. We are evaluating to offer some of these from our Taiwan site as well,” says Veronika Sauer, head of Marketing Lubricant Additives.
LANXESS markets its aminic antioxidants under the brand name Naugalube®. The investment at its Taiwan site will support globally harmonized specification of its flagship product Naugalube® 438L. Naugalube® 438L is a liquid antioxidant used in a broad range of transportation and industrial lubricants. The company says that due to its excellent high temperature performance, Nauglaube® 438L can reduce oil oxidation, prolong lubricant life and extend service intervals.
In August, LANXESS also announced that is expanding its production capacity for light-color sulfur carriers used in industrial lubricants manufacture, at its Mannheim, Germany, site by several kilo tons. The specialty chemicals company is investing a double-digit million Euro amount to expand the facilities in response to growing demand. The additional volumes are expected to be available beginning in 2023.