Lanxess: New European Headquarters of Lustran Polymers Opened
Lanxess officially opened the new European headquarters of the recently renamed Lustran Polymers business unit in the Spanish city of Tarragona. Part of the production facilities for manufacturing ABS plastics had earlier been transported from Dormagen in Germany to Tarragona. Regional management for business in Europe and Latin America was also transferred from Germany’s Lower Rhine region to Catalonia in July. This increased the Lustran Polymers workforce in Spain to 300. According to the company, the business unit, which was previously the biggest loss-maker within the Lanxess Group, has made an impressive turnaround in a very short period of time.
The official opening of the European headquarters of Lustran Polymers is also the first official event for the newly rebranded unit. Changing the name of the business unit from Styrenic Resins to Lustran Polymers reflects the repositioning of the business. The focus is now firmly on ABS specialties and colored plastics.
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