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LANXESS expands Jhagadia site to serve booming Indian market
LANXESS is continuing to expand its Indian production site in Jhagadia, Gujarat state. The specialty chemicals group is underlining its commitment to the subcontinent by inaugurating three new plants this month to serve the growing India market. LANXESS has invested over EUR 70 million and created roughly 300 new jobs at the site.
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LANXESS acquires U.S. biocide specialist Verichem
LANXESS is strengthening its portfolio of biocides with the acquisition of Verichem Inc. based in Pittsburgh, Pennsylvania. As a result, the German specialty chemicals company will significantly bolster its position in the U.S. material protection market and broaden its global biocide manufacturing network. Both parties have agreed not to disclose financial details.
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Sustainable product optimization with biocides from LANXESS
A rising trend in the biocide market is the use of cost-efficient products that are effective against target organisms without additionally damaging the environment.
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LANXESS acquires Syngenta’s Material Protection business
LANXESS has agreed to acquire the Material Protection business of Switzerland’s Syngenta. As a result, the German specialty chemicals company will become one of the leading suppliers of biocides for construction materials.