News from Notch Consulting, Inc.

January 18, 2008

Lanxess Invests in India Rubber Chemicals Unit

Filed under: Rubber Chemicals — Notch @ 10:26 am

Lanxess today announced a capital project for its Indian rubber chemicals business, Lanxess India Pvt. Ltd. Production of rubber chemicals will be moved from a plant in Thane (Maharastra state) to a plant in Jhagadia (Gujarat state). Lanxess plans to spend Eur 50 million expanding the Jhagadia plant, which will employ 250 people when the expansion is complete. Production is scheduled to begin in 2010, coinciding with the start-up of a new ion exchange resin plant, also located in Jhagadia. The head office of Lanxess India Pvt. Ltd. will remain in Thane. Lanxess also operates a second plant in India, in Madurai (Tamil Nadu state). The press release on the project is here.

The company did not announce whether the project will increase the unit’s capacity or product range. According to the Rubber Chemicals World Data Book 2007, published by Notch Consulting, the Thane rubber chemicals unit produces rubber antioxidants and sulfenamide accelerators. The report includes production capacity by type for this plant and nearly 70 others worldwide.

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