LANXESS India celebrates 10 successful years of operations at its Jhagadia manufacturing site

LANXESS India Jhagadia Site

Jhagadia, 28 February, 2022 – Specialty chemicals company LANXESS India celebrates the 10^th anniversary of operations of three of its Business Units – Material Protection Products, Rhein Chemie and High Performance Materials at its state-of-the-art Jhagadia manufacturing site in Gujarat this month. In view of the COVID-19 pandemic, the milestone was celebrated virtually.

Jhagadia site is a key manufacturing base for LANXESS globally and one of the large production sites of the company in India. It has been built adhering to global standards and is equipped with all necessary technologies to ensure safe and environment-friendly operations. This site hosts the production facilities for four of its business units – High Performance Materials (high tech plastics), Material Protection Products (biocides), Rhein Chemie (business line FTA and business line SRP) and Liquid Purification Technologies (ion exchange resins).

Over the past years, the site has focused on optimal use of natural resources to ensure minimum impact on the environment and promote sustainable development. It has significant features like Effluent treatment plant, Sewage treatment plant and an Occupational Health Centre among others.

The organization has invested sizeable amount at the site and generated employment opportunities for the community at large. The organization continues to prioritize the topic of occupational safety and that of all its employees. Throughout these years, the site has successfully managed to observe high safety standards and ensured that potential risks are minimized from the outset and hazards are avoided in the plant.

Commenting on the occasion, Neelanjan Banerjee, Vice Chairman and Managing Director, LANXESS India said, “We have had a remarkable decade of safe and sustainable operations at the Jhagadia site and are proud to have achieved this incredible milestone. The site has consistently delivered outstanding results over the past 10 years with a constant focus on safety, quality and customer satisfaction. The success that we have achieved so far is attributable to the hard-work and commitment of our employees as well as to the support of the local administration, the nearby communities and industry. I’m sure we will continue to work and grow together.”

About LANXESS

LANXESS is a leading specialty chemicals company with sales of EUR 6.1 billion in 2020. The company currently has about 14,900 employees in 33 countries. The core business of LANXESS is the development, manufacturing and marketing of chemical intermediates, additives, specialty chemicals and plastics. LANXESS is listed in the leading sustainability indices Dow Jones Sustainability Index (DJSI World and Europe) and FTSE4Good.

Jhagadia, 28 February, 2022

Forward-Looking Statements

This company release contains certain forward-looking statements, including assumptions, opinions, expectations and views of the company or cited from third party sources. Various known and unknown risks, uncertainties and other factors could cause the actual results, financial position, development or performance of LANXESS AG to differ materially from the estimations expressed or implied herein. LANXESS AG does not guarantee that the assumptions underlying such forward-looking statements are free from errors, nor does it accept any responsibility for the future accuracy of the opinions expressed in this presentation or the actual occurrence of the forecast developments. No representation or warranty (expressed or implied) is made as to, and no reliance should be placed on, any information, estimates, targets and opinions contained herein, and no liability whatsoever is accepted as to any errors, omissions or misstatements contained herein, and accordingly, no representative of LANXESS AG or any of its affiliated companies or any of such person's officers, directors or employees accepts any liability whatsoever arising directly or indirectly from the use of this document.

Information for editors:

All LANXESS news releases and their accompanying photos can be found at http://press.lanxess.com. Recent photos of the Board of Management and other LANXESS image material are available at http://photos.lanxess.com.

You can find further information concerning LANXESS chemistry in our digital magazine “Inside LANXESS” at http://inside.lanxess.com.

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