The company's other operations in China include: an inorganic pigments project in Shanghai; a semi-crystalline products and leather chemical project and related R&D testing center in Wuxi; and a hydrazine hydrate project in Weifang.

Wang said Lanxess is installing a new semi-crystalline product and leather chemical production line and a small exclusive production line for specialties and customer samples in Wuxi in East China's Jiangsu Province.

His firm is also working on a rubber additive project and a technical rubber products R&D center in Qingdao in East China's Shandong Province, and a rubber antioxidant project in Tongling in East China's Anhui Province.

"We see unparalleled potential in China," he said.

For examples, Wang said the annual double-digit growth of the automotive industry and the yearly 8 percent growth of the electronic and electrical industries present a huge market for its semi-crystalline products.

The company will also target the soaring construction, beverage and toy industries, Wang said.

He added that Lanxess will expand staffing in China to meet rapid business growth.

(China Daily 06/02/2007 page10)

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