My Chemical Romance are building their own studio in Los Angeles ahead of recording sessions for their next album.

The rockers are eager to start on the follow-up to 2010's Danger Days: The True Lives of the Fabulous Killjoys, and they're ensuring total privacy as they work by creating their own building.

Guitarist Ray Toro tells, "Back in L.A. we just got a studio so we're kind of building that out and basically trying to make a compound where we can be creative and be there whenever we want to be. That's the tough thing doing records in a cycle and you have three or four months where you have to write and record a record and sometimes that's tough."

"You can take longer, but you always feel like there's something over your head like a time constraint and now we'll have our own place where we can go and make music 24 hours a day."

"It's gonna be great!"