2017-11-14

LANXESS builds a low carbon green road for the coatings industry with Quality Works solutions

LANXESS presents sustainable coating solutions at CHINACOAT 2017 Nov. 15-17, Shanghai New International Expo Center, Hall W3, Stand B05-10

November 15, 2017, Shanghai – Specialty chemicals company LANXESS showcases a comprehensive range of environmentally friendly solutions for the coatings industry at CHINACOAT 2017. At its over 100 square meters booth, the exhibits of four business units including a variety of sustainable and innovative inorganic pigments; preservatives and fungicides to protect paints and coatings; urethane products used in special coatings, adhesives, textile sizing and other fields; and colorful solvent-free pigment preparations and colorants used in inkjet printing, and stationery inks.

According to the World Paint & Coatings Industry Association (WPCIA), from 2014 to 2018, the world's compound annual growth rate of paint production will remain at about 5%. With the development of China's urbanization and equipment manufacturing industry, as well as the rising level of per capita income, the Chinese market’s demand for high-quality coating products is steadily on the increase. In the first half of 2017 alone, China's coating production increased by 11.7% year on year.

At the same time, although China is by far the largest producer of synthetic iron oxides, with over 50 percent of total global supply, the number of production locations for synthetic iron oxide pigments has been decreasing steadily for several years. This is a result of the consistent implementation of environmental regulations by both pigment manufacturers and the pigment processing industry. The number of production locations has dropped by half since 2008, resulting in a reduction in supply, particularly in the segment for red pigments. With the deepening of structural reforms on the supply side, this consolidation process is likely to continue.

Mr. Ming Cheng Chien, CEO of LANXESS Greater China said: "Over the years, LANXESS has been actively responding to the needs of the Chinese market and the escalating environmental regulations. We strive for highest standards and sustainable development in the coating industry, through implementing high quality product standards, processes and technologies to provide reliable products for customers. We will continue to abide by the principle of ‘Good for business, Good for society' in order to create long-term value for customers, partners and the community, and to improve their quality of life.

Outstanding product characteristics meet the high demands of the coatings industry

One of LANXESS’s highlights at this year’s exhibition is launching the new generation of iron oxide red pigments on the market. After an intensive testing phase, the Inorganic Pigments (IPG) business unit has successfully concluded the market introduction of its so called New Red pigments, manufactured by the Ningbo process. This new generation of iron oxide pigments is a perfect addition to the top-selling range that LANXESS has been manufacturing by the Laux process for over 90 years at its Krefeld-Uerdingen site. All the New Reds fulfill the high quality demands of the paints and coatings industry and deliver high chromaticity and tinting strength.

In the mid-range color segment for reds, LANXESS offers the new pigments Bayferrox 520, Bayferrox 5272, Bayferrox 525 and Bayferrox 530. The new grades Bayferrox 510, Bayferrox TP 5278 and Bayferrox TP 5279 satisfy demand for more yellow-shade red pigments.

All of the new Bayferrox grades are produced at the site in Ningbo, China. The high-tech plant for manufacturing synthetic iron oxide pigments uses what has been dubbed the “Ningbo process.” Based on patented technology, this uniquely sustainable manufacturing method meets the most stringent environmental standards and covers the entire color spectrum of iron oxide pigments in the mid and yellow-shade red color range.

Sustainable protection of architectural coatings

Another highlight of LANXESS at CHINACOAT 2017 is the green In-can preservative and dry film fungicide, algaecide products, which represent the latest technology of environmentally friendly biocide solution. The range of products based on high-quality innovative anti-microbiologic technology, featuring better chemical stability and anti-microbiologic efficiency. LANXESS provides in-can preservative, dry film fungicide and algaecide solutions for architectural coatings, which meets environmental requirements so as to help coating manufacturers achieve sustainable protection for quality coatings, minimizing material waste, the impact on human health and environment.

Leading Urethane Systems solutions

With the completion of the acquisition of the US-based Chemtura Corporation in this April, the urethane business of the company was incorporated into the Urethane Systems business unit established by LANXESS, which is a world leading manufacturer of hot-cast prepolymer and special, aqueous urethane dispersions with decades of technical experience. The Urethane Systems business unit will showcase the Witcobond® range of aqueous urethane dispersible resin with a 60% solid content for special coatings, adhesives and textile sizing to help Chinese producers significantly increase efficiency. In addition, it will showcase the low volatile organic compound (VOC) Trixene® water-based blocked curing agent products that meet the environmental needs of customers. This product range is widely used as a waterproofing agent for coating of water-repellent clothing.

Brilliant environmentally friendly coatings

As environmental requirements generally get stricter these days, the environment-friendly coatings have great market potential. LANXESS will also showcase a number of innovative solutions with environmentally friendly features from the Rhein Chemie business unit. For example, the Levanyl® LF and Levanox® LF aqueous pigments, and Bayscript® colorants for inkjet and stationery inks offer a wide variety of brilliant colors while meeting environmental regulations and the latest ecological requirements.

At the exhibition, LANXESS in addition to presenting the latest products and processes, will invite industry experts to carry out technical exchanges, and share the latest technologies within the industry. Ms. Christine Kathrein, Head of Global Product Development, LANXESS Inorganic Pigments business unit, will show how the color of iron oxide can be precisely adjusted through expanding the color spaces of iron oxide reds and how the color can be improved with controlled parameter settings. Mr. Chin Peng Tan, Customer Service Manager of LANXESS Material Protection Products business unit, will share his experience in how to balance coating sterilization and health protection in the field of sustainable protection of building materials.

Since its inception in 1996, the China International Exhibition for Coatings, Printing Inks and Adhesives (CHINACOAT) has been serving the global coatings industry with seven exhibition areas covering more than 64,000 square meters. The exhibition this year will be held at the Shanghai New International Expo Center, where over 1,020 exhibitors from 30 countries will be gathered to display their latest products and innovations.

 
About LANXESS

LANXESS is a leading specialty chemicals company with sales of EUR 7.7 billion in 2016 and about 19,200 employees in 25 countries. The company is currently represented at 75 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of chemical intermediates, additives, specialty chemicals and plastics. Through ARLANXEO, the joint venture with Saudi Aramco, LANXESS is also a leading supplier of synthetic rubber. LANXESS is listed in the leading sustainability indices Dow Jones Sustainability Index (DJSI World) and FTSE4Good.

LANXESS China

On Jan. 31, 2005, LANXESS AG was initially listed on the Frankfurt Stock Exchange, and its subsidiary LANXESS Chemical (China) Co., Ltd. officially began operations. Today, LANXESS has 17 subsidiaries including 3 joint ventures, 9 production sites as well as 9 R&D centers with about 1,900 employees in Greater China. LANXESS works closely with its local partners to develop market-oriented solutions that meet local market needs.

Forward-Looking Statements

This company release contains certain forward-looking statements, including assumptions, opinions, expectations and views of the company or cited from third party sources. Various known and unknown risks, uncertainties and other factors could cause the actual results, financial position, development or performance of LANXESS AG to differ materially from the estimations expressed or implied herein. LANXESS AG does not guarantee that the assumptions underlying such forward-looking statements are free from errors nor does it accept any responsibility for the future accuracy of the opinions expressed in this presentation or the actual occurrence of the forecast developments. No representation or warranty (expressed or implied) is made as to, and no reliance should be placed on, any information, estimates, targets and opinions, contained herein, and no liability whatsoever is accepted as to any errors, omissions or misstatements contained herein, and accordingly, no representative of LANXESS AG or any of its affiliated companies or any of such person's officers, directors or employees accept any liability whatsoever arising directly or indirectly from the use of this document.

Information for editors:

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