Lanxess says it is progressing according to plan with the construction of its worldscale ethylene propylene di-ene monomer (EPDM) plant in Changzhou, Jiangsu Province, China. It is investing ?235 million ($316.95 million) in the plant -the largest investment the company has made in the country to date. It says about 45% of the investment total will be spent by the end of 2013. The plant will have a capacity of 160,000mt per year and the investment will create up to 200 new jobs. The plant is expected to achieve mechanical completion at the end of 2014 and may start selling products to customers in 2015.
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