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LEVERKUSEN, GERMANY: Lanxess is expanding cresol production at the Leverkusen site. It plans to further increase capacity for this high-quality intermediate for the global market by 20 per cent by mid 2013. The particular advantage of this integrated aromatics plant network is that in Leverkusen all the facilities are connected to each other via pipeline systems, leading to improved logistics and significant productivity advantages over competitors.
“This investment of around €20 million in extending this facility is another clear statement by Lanxess highlighting the company’s commitment to Germany and North Rhine-Westphalia as an industrial location. We expect sustainable market growth with cresols and have aligned our long-term planning to this,” said Werner Breuers, Member of the Board of Management, Lanxess.
© WOC News
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