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Lanxess India to invest Rs.1250 crore in next five years

By Niranjan Mudholkar,

Added 16 November 2018

Indian economy is currently the world’s fastest rising major economy: Hubert Fink, Member of the Board

The main growth driver for Lanxess in India is the changing population which is rapidly becoming larger, younger, more middle class and more urban.

"The demographic trend in India is leading to an increased demand in the areas of mobility, urbanization, nutrition and clean water.

Lanxess can cater these demands with its wide portfolio of specialty chemicals," said Neelanjan Banerjee, Managing Director and Country Speaker of Lanxess in India.

Among the products supplied by Lanxess are high-performance plastics for the automotive and electronics industries, flame retardants for application in the automotive and construction industries, chemical intermediates and active ingredients for the use in agriculture as well as ion exchange resins and reverse osmosis membranes for the processing and cleaning of water.

 

Lanxess in India

In India, Lanxess is represented through all its ten business units, operating out of its registered office in Thane and sales offices in New Delhi and Chennai with around 900 employees across its operations.

Lanxess operates production facilities for its business units Liquid Purification Technologies (ion exchange resins), High Performance Materials (high-performance plastics), Material Protection Products (biocides) and Rhein Chemie (polymer bound rubber chemicals and release agents) in Jhagadia in Gujarat. The business unit Advanced Industrial Intermediates has production facilities both in Jhagadia and Nagda in Madhya Pradesh.

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