2023-03-14
LANXESS expands Rhenodiv® production at Jhagadia site
- New production line of BU Rhein Chemie for Rhenodiv® at Jhagadia site
- To cater to the growing demands of the Indian Sub-continent & Asian markets
LANXESS Team laid the foundation stone at Jhagadia site, India.
Jhagadia, 13 March 2023 - Specialty chemicals company, LANXESS laid the foundation stone for its Business Unit Rhein Chemie’s new and upcoming production line for Rhenodiv® - New Technology Release agents at its Jhagadia site. With this facility, the business unit will serve the growing demand of the Indian Tire & Rubber goods market.
The new production line will feature state-of-the-art equipment and technology, allowing LANXESS to produce high-quality technology tire release agents more efficiently. Currently, LANXESS has such a facility in Argentina. Once this facility becomes operational it will cater to the Indian Sub-continent & Asian markets.
The production of high-performance tires and molded elastomer products relies on the use of effective release agents. Process safety and low scrap rates are key for the efficient production of tires and molded elastomer articles. Rhenodiv® release agents are strictly water-based, solvent-free* and free of volatile organic compounds (VOCs) and therefore, environmentally friendly. LANXESS Rhein Chemie business unit has the solutions, market understanding, production knowledge and comprehensive service to support its customers at every stage of the process chain.
The laying of the foundation stone was done by Dr. Jens Hendrik Fischer, Global BU Head of Rhein Chemie, Dr. Holger Graf, Global Head of Production and Mr. Namitesh Roy Choudhury, Vice Chairman & Managing Director LANXESS India, along with Mr. U Parmeshwara Sriganesh, BU Head Rhein Chemie India region.
The project is expected to be completed in the first quarter of 2024.
About LANXESS
LANXESS is a leading specialty chemicals company with sales of EUR 8.1 billion in 2022. The company currently has about 13,000 employees in 32 countries. The core business of LANXESS is the development, manufacturing and marketing of chemical intermediates, additives and consumer protection products. LANXESS is listed in the leading sustainability index Dow Jones Sustainability Index (DJSI World and Europe).
India, February 2024
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.
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