ContiTech to open compounding plant in China
Phoenix Compounding Technology, part of ContiTech AG, will be opening a new rubber compounding plant at its site in China in early July, the company has announced.
Phoenix Compounding has set up compounding capacity in Changshu. A new compounding plant will go into operation there in July, said the company statement.
The plant is to be opened on July 3, a source told ERJ, in the presence of ContiTech CEO Hans-Jürgen Duensing and ContiTech head of business unit compounding, Peter Scholtissek.
ContiTech has a plant for hoses, mounts and air springs in Changshu with about 800 workers and the rubber is expected to feed that operation.
Phoenix Compounding also has three European sites: in Hamburg and Waltershausen in Germany and Nyiregyhaza in Hungary, with a total compounding capacity of 150,000 tons per year.
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