Lanxess expands capacity at Jhagadia site

Lanxess expands capacity at Jhagadia site

8:33 PM, 31st January 2012
Lanxess expands capacity at Jhagadia site
Werner Breuers, Member of the Board of Management, Lanxess.

LEVERKUSEN, GERMANY/ JHAGADIA, INDIA: Lanxess is continuing to expand its Indian production site in Jhagadia, Gujarat state. It is underlining its commitment to the subcontinent by inaugurating three new plants this month to serve the growing India market. Lanxess has invested over €70 million and created roughly 300 new jobs at the site. The site already includes a facility for ion exchange resins, used in water purification, and a rubber chemicals plant serving the tire and rubber processing industries.

“Lanxess is heavily investing in the Indian subcontinent and this commitment has already paid off. We surpassed our 2010 sales already in the first nine months of 2011. By concentrating many of our assets in Jhagadia, we are creating a specialty chemicals hub catering to the booming local market and the Asia region, and there is potentially further room at the site for expansion,” said Werner Breuers, Member of the Board of Management, Lanxess.

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