Volume 91 Issue 20 | p. 23
Issue Date: May 20, 2013

Expensive Site Makes Sense For Lanxess

German firm chooses Hong Kong for regional engineering plastics testing unit
Department: Business
Keywords: engineering plastics, cars, Germany, Lanxess, Hong Kong

In Hong Kong, one of the world’s most expensive cities, chemical firm Lanxess has opened a facility for testing car parts made with its engineering plastics. The center supports automakers and their parts suppliers throughout Asia—from Japan to India.

The choice of Hong Kong is surprising. Chemical companies generally locate their technical support centers near their customers’ operations. However, Hong Kong has no auto industry, and other manufacturers decamped long ago to mainland . . .

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