Lanxess invests €100 million in production

Specialty chemicals company Lanxess says that its Advanced Industrial Intermediates business unit will be investing around €100 million to expand its production facilities for chemical intermediates. Around €40 million each will be invested in the Leverkusen and Krefeld-Uerdingen sites in the federal state of North Rhine-Westphalia, Germany, while the rest will be used to expand Lanxess’ facilities in Brunsbüttel, Germany and Antwerp, Belgium. The expansion project is scheduled for completion by 2020. 

‘This investment program accompanies the dynamic development of our customers and their sectors,’ said sad Hubert Fink, member of the board of management of Lanxess AG. ‘A high proportion of the planned new capacities is already backed by customers’ orders. At the same time, we are also strengthening our sites, particularly in North Rhine-Westphalia.’

This story uses material from Lanxesswith editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.