LANXESS expansion of iron oxide pigment2017.06.05 14:35
Germany LANXESS company (Lanxess) announced plans to Krefeld-Uerdingen in Germany, the world's largest synthetic iron oxide pigment red and black pigment factory in the current production capacity of 280 thousand tons / year based on the gradual increase of about 23 thousand tons / year.
In addition, the company also announced that it will modernize its PortoFeliz plant in Brazil, an annual increase of 2000 tons of yellow iron oxide pigment production capacity.
Prior to this, the company has launched its latest production of iron oxide pigment factory in Ningbo, China, the company's global production capacity of pigments will be synchronized to achieve growth.
Ningbo new plant since the beginning of the first quarter of 2016, the annual production capacity of 25 thousand tons of iron oxide red pigment.
Through the expansion of related measures, LANXESS before 2019 the global iron oxide pigment production capacity increased from 375 thousand tons to 400 thousand tons / year.
According to the company's paint business unit (IPG) inorganic pigments business director J rgHellwig, the introduction, the purpose of investment is to support customer growth, as the world's leading supplier of iron oxide and chromium oxide pigments market leader, company continue to assess the development of global paint market.
The company expects the global demand for iron oxide pigments will grow by an average of 3% per year after 2018.
With strong growth in India and other countries, as well as the continued recovery in the construction industry in parts of North America and Europe, demand for iron oxide pigments will rise sharply. China will also contribute to the development of the market, its market growth rate remained at a high level.
Coating is the second application field of synthetic iron oxide pigment, which accounts for about 1/4 of the global consumption.
Hellwig added: "by 2025, the company expects annual global iron demand growth will further rise to the average level of an average of 4%, and the company believes that the demand for high-quality pigments on the global standard will continue to increase."
Although China is by far the largest producer of synthetic iron oxide pigments, accounting for more than 50% of the world's total supply, the number of production plants has been steadily declining. This is due to the integration of pigment manufacturers as well as the effect of environmental regulations. Since 2008, the number of iron oxide pigments in China has fallen by half, resulting in a decrease in supply, especially in the supply of red pigments. According to the prediction of the integration process of LANXESS, is likely to continue.