Shanghai Chemical Industry Zone! LANXESS Chemical officially announces the location of China's integrated base

On the morning of November 28th, Matthias Zachert, chairman of the management board of the LANSA Group, said at a press conference that LANSAM had signed a memorandum of understanding with the Shanghai Chemical Industry Zone (SCIP) in September to set aside 20 hectares of land for an integrated production base as a new base for sustainable development in China. In addition, the company plans to establish an integrated Asia Pacific Application Development Center (AADC).
"We have full confidence in China's future

." China's chemical market is an important pillar of the region and is already the world's largest, accounting for nearly 50% of global chemical sales by 2030. Our investments will help us meet the growing market demand here," said Qian Mingcheng, President of LANC Asia Pacific. "In addition, these investment plans demonstrate our strong commitment to supporting China's high-quality development."
afternoon of November 28, Wu Qing, a member of the Standing Committee of the Municipal Committee and vice-mayor, met with a member of the board of directors of LANC.
signed a memorandum of cooperation between Lansheng Chemical and Shanghai Chemical District, which is the cornerstone of future cooperation between the two sides, and also demonstrates LANSEM's determination to enhance its competitiveness and influence in the Chinese market.
is the core city of the Yangtze River Delta world-class city group, which has an important leading role in the reform and opening-up of the country and the development of innovation. As an important carrier area of Shanghai chemical industry, Shanghai Chemical Zone has won the recognition of LANC for its benchmark status as the highest degree of internationalization and leading quality benefit in China's chemical park, as well as its unique advantages in industrial ad gathering, safety and environmental protection, supporting facilities, technical personnel, etc.
and Shanghai Chemical District will cooperate on a larger scale, at a higher level and at a deeper level to achieve mutual benefit and win-win development.
Shanghai accelerates the strategic positioning of building a center with global influence, Shanghai Chemical District focuses on building an international chemical new material innovation center's planning objectives, which are highly in line with the future development direction of LANC Chemical, and the cooperation space between the two sides is vast.
signing of the contract, Shanghai Chemical District will continue to expand and deepen exchanges and cooperation with LANSA, and work together to help LANSA Chemical's business development in China, and contribute to the transformation and upgrading of Shanghai's chemical industry and sustainable development.
is the world's leading supplier of specialty chemicals, with total sales of EUR 7.2 billion in 2018. According to the latest U.S. Chemical and Engineering News ranking of the global chemical industry in July, it ranks 42nd in the top 50 and the sixth largest chemical company in Germany. With approximately 15,500 employees worldwide and 60 production sites in 33 countries, LANSA's core business includes the development, production and sale of chemical intermediate products, additives, specialty chemicals and plastics.
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