PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: LANXESS

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

LANXESS Expands Jhagadia Site to Serve Booming Indian Market - LANXESS is continuing to expand its Indian production site in Jhagadia, Gujarat state - LANXESS.com
LANXESS Expands Jhagadia Site to Serve Booming Indian Market

 

NewswireToday - /newswire/ - Leverkusen, Germany, 2012/01/31 - LANXESS is continuing to expand its Indian production site in Jhagadia, Gujarat state - LANXESS.com. FRA: DE Frankfurt: LXS

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

• Start-up of three new production plants;
• EUR 70 million total investment in site;
• 300 new jobs created.

The specialty chemicals group is underlining its commitment to the subcontinent by inaugurating three new plants this month to serve the growing India market. LANXESS has invested over EUR 70 million and created roughly 300 new jobs at the site.

Today, the company’s Semi-Crystalline Products business unit started production at the site’s new plant for high-tech plastics used by the automotive industry, including leading car manufacturers Tata Motors, Volkswagen and Ford.

Furthermore, the Material Protection Products business unit inaugurated a plant for biocides used in the construction industry. LANXESS subsidiary Rhein Chemie also started up a plant for release agents and additives used in the manufacturing of tires and rubber products. Both plants were relocated from a former site in Madurai, Tamil Nadu state, during the course of last year.

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. Both started up production in 2010.

“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,” said Werner Breuers, Member of the Board of Management of LANXESS, at the inauguration ceremony. “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.”

The Indian economy is expected to grow by eight percent this year, driven by strong demand for premium products for the automotive, tire and construction industries. Global automakers, as well as their suppliers, are already active in India and are investing in new plants on the subcontinent. The growing middle-class in India is driving the trend towards greater mobility. The country’s automotive industry is expected to grow by 9.5 percent this year.

LANXESS is tapping into India’s growth with its flagship brands for high-tech plastics Durethan (polyamide) and Pocan (polybutylene terephthalate), which represent a lighter-weight plastic alternative to metals. In addition, they enable carmakers and car parts suppliers to realize considerable savings by providing less costly production methods and easier assembly. LANXESS will be showcasing its high-tech plastic products and innovative technologies at a 300-square-meter-booth at the Plastindia Exhibition from February 1 to 6. Axel C. Heitmann, Chairman of the Board of Management, and Board Member Werner Breuers will be attending.

Serving the construction and tire industries
The material protection products manufactured at the new plant include the Preventol range of antimicrobial compounds. These preserve paints, coatings and plasters and protect materials like wood from bacteria, fungi and yeasts. LANXESS is a leading producer of biocidal active ingredients and formulations. The annual capacity of the plant is 2,000 metric tons.

Rhein Chemie will produce the pre-dispersed rubber additive Rhenogran and the environmentally-friendly release agent Rhenodiv in Jhagadia. Rhenogran is used in the production of tires and other rubber products. Rhenodiv is used to prevent rubber vulcanizates from sticking to their molds, thus enabling smooth, automated processes. The annual combined production capacity of the plant is 2,500 metric tons.

State-of-the art site
Jhagadia is LANXESS’ second largest production site in India after its site in Nagda in Madhya Pradesh state. Jhagadia is a state-of-the-art, 18-hectare-site and the production facilities have been set up with the most recent technology. It also offers many geographical advantages for the products sold by LANXESS. It has excellent links to international ports, which ensures a reliable supply of raw materials for the production facilities as well as rapid delivery to customers outside India.

Jhagadia is the model of an environmentally friendly site. Strict standards are applied throughout, and wastewater is pre-cleaned in a separate wastewater treatment plant before being released into the chemical park’s final treatment system. Furthermore, LANXESS uses a highly efficient, natural-gas-powered cogeneration plant for the company’s own energy needs.

LANXESS not only expanded its Jhagadia site this month, but also opened its new head offices in Thane, Maharashtra state. It will be home to 225 employees and was designed in accordance with LANXESS' commitment to sustainability. For example, energy-efficient glass was used in the windows, and the building includes a rain water harvesting system. LANXESS currently employs roughly 860 people in India and achieved sales of EUR 184 million in the first nine months of 2011.

LANXESS’ commitment to India complements the “Year of Germany in India 2011-2012”, which was officially opened by German Chancellor Angela Merkel in New Delhi in May 2011. During this series of events, Germany will stage presentations in seven major Indian cities to highlight its role as an innovative, creative and sustainable partner for India. LANXESS will be showcasing its high-tech products designed to meet the challenges posed by the ongoing urbanization of in India at the exhibitions in Mumbai and New Delhi.

LANXESS (lanxess.com) is a leading specialty chemicals company with sales of EUR 7.1 billion in 2010 and currently around 16,100 employees in 30 countries. The company is at present represented at 47 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of plastics, rubber, intermediates and specialty chemicals. LANXESS is a member of the leading sustainable indices Dow Jones Sustainability Index (DJSI) World and FTSE4Good.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: LANXESS

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Manufacturing/Robotics articles,
CATCH Visitors via Your Competitors Announcements!


LANXESS Expands Jhagadia Site to Serve Booming Indian Market

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

LANXESS |
Publisher Contact: Daniel Smith - LANXESS.com 
+49 214 30-75179 daniel-alexander.smith[.]lanxess.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any LANXESS securities in any jurisdiction including any other companies listed or named in this release.

Manufacturing/Robotics via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From LANXESS / Company Profile


Read Manufacturing/Robotics Most Recent Related Newswires:

LANXESS Virkon S Proven to Kill Highly Pathogenic Avian Influenza Strains
BASF to Offer Tailor-made Product Innovation At European Coatings Show
Nexans to Drive Sustainable Transportation At its Annual Technical Conference
Tripp Lite Introduces A New Series of Pre-assembled 40 Gb to 10 Gb Breakout Fiber Patch Panels
Borealis and Asmidal Sign Memorandum of Understanding to Jointly Evaluate Opportunities for Melamine Production in Algeria
SCHOTT’s New Ultra-Thin Glass is the Thinnest, Toughest, Most Eco-Friendly Glass for Consumer Electronics
Hexagon Manufacturing Intelligence Supplies PTB with Leitz PMM-G
Atlas Copco Completes Acquisition of Chinese Self-pierce Riveting Solutions Business
SCHOTT Introduces Superior X-ray Imaging with SCHOTT’s Fiber Optic Faceplates and BOROFLOAT® Glass
PPG Wins Big At 2016 SEMA Show PPG-painted Cars, Trucks Capture Major Awards
Tripp Lite’s Breakthrough 3-Phase Rack ATS PDUs Granted U.S. Patent
Nexans Launches PVC-free MOTIONLINE® HALEX Automation Cables
Volkswagen and BASF Present 'Science Award Electrochemistry' to Dr. William Chueh from Stanford University, California
ITT's Cannon Brand to Introduce Versatile Modular Connector Interface for Heavy Equipment At Bauma China 2016
BASF to Divest Inorganic Specialties Business

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)