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 Acquires Asian Biocide Specialist PCTS - Strengthening focus on megatrend urbanization - LANXESS expands leading position as biocide supplier in paints and coatings market - LANXESS.com
LANXESS Acquires Asian Biocide Specialist PCTS

 

NewswireToday - /newswire/ - Leverkusen , Germany, 2013/04/05 - Strengthening focus on megatrend urbanization - LANXESS expands leading position as biocide supplier in paints and coatings market - 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!


 

LANXESS is strengthening its product portfolio for biocides to serve the megatrend urbanization. The German specialty chemicals group has acquired Singapore-based PCTS Specialty Chemicals Pte. Ltd. for an undisclosed amount. The transaction closes with immediate effect.

Through the acquisition, LANXESS is now one of the leading suppliers of biocides for paints and coatings in the rapidly-growing Asia-Pacific region. LANXESS will gain access to a complementary portfolio of biocides and will benefit from PCTS’ highly-recognized product expertise and know-how in paints and coatings.

PCTS specializes in biocides for environmentally friendly water-based paints that meet stringent health and safety, as well as environmental standards. Biocides prevent the deterioration and discoloring of the paints caused by microorganisms.

PCTS employs about 20 people at modern production and laboratory facilities close to LANXESS Singapore headquarters. PCTS recorded sales in the single-digit million euro range in 2012, with 60 percent of it being generated in China. The company was majority owned by NIPSEA Technologies Pte Ltd.

“This transaction underlines LANXESS’ standing as a key supplier of high-tech solutions for the megatrend urbanization,” said Rainier van Roessel, Member of the LANXESS Board of Management. “It also strengthens our company’s asset base in the booming Asian market.”

PCTS will be integrated into the LANXESS business unit Material Protection Products (MPP), which belongs to the company’s Performance Chemicals segment. The PCTS facility will also become the new Asia-Pacific headquarters of MPP. The business unit is already one of the world’s leading suppliers of biocides. It acquired the U.S.-based biocide company Verichem Inc. and the material protection activities of Switzerland’s Syngenta in 2011.

MPP also offers stabilizing agents for beverages and is the world’s leading manufacturer of phenolic active ingredients for disinfection. Its production sites are located in Krefeld-Uerdingen and Dormagen (Germany), Pittsburgh (USA), Jhagadia (India) and Changzhou (China). The business unit is headed by Torsten Derr and currently employs around 350 people.

LANXESS in Singapore
LANXESS has been present in Singapore since 2004 and is the home to about 380 employees. It serves as an important business and technical services hub for the company’s operations throughout Southeast Asia and Asia Pacific. Singapore is also the global headquarters to the Butyl Rubber business unit, which began the commissioning phase of its new world-scale plant on Jurong Island in the first quarter. The plant is expected to start commercial production in the third quarter of 2013. In addition, the Performance Butadiene Rubbers business unit broke ground last year for a world-scale Nd-PBR plant on Jurong Island. Ian Wood is the company’s country representative in Singapore.

LANXESS (lanxess.com) is a leading specialty chemicals company with sales of EUR 9.1 billion in 2012 and roughly 17,200 employees in 31 countries. The company is currently represented at 49 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 sustainability indices Dow Jones Sustainability Index (DJSI) World and FTSE4Good as well as the Carbon Disclosure Leadership Index (CDLI).

 
 
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 Acquires Asian Biocide Specialist PCTS

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: Rudolf Eickeler - LANXESS.com 
+49 214 30 40483 rudolf.eEickeler[.]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:

PPG Central Europe Aerospace Center Approved for Airbus Sealants Packaging
ADVA Optical Networking Transforms the Metro with New Levels of Flexibility, Scale and Synchronization
Persistence Market Research Releases Fatty Acid Methyl Ester Market Report - Global Industry Overview by 2025
Automatic Edge Bending Machine Market Has Limited Global Players - Homag, Biesse, Scm Group, Brandt Finds PMR
Persistence Market Research Publishes Global Combi Oven Market Report - Key Players Unox, Convotherm, Rational, Turbofan, Blue Seal, Electrolux
ITT to Showcase Portfolio of Critical In-Flight Solutions at 2017 International Paris Air Show
Rockwell Automation Continues to Expand MES Applications to Increase Flexibility, Ease Entry to Smart Manufacturing
BrainChip Holdings Ltd and Safran Collaborate on Development of Machine Vision Inspection System for Harnesses Production Activities
Demand for Advanced Manufacturing and Automation Solutions Surges with the Rise of Industry 4.0 Finds Frost & Sullivan
American Chemistry Council Recognizes BASF as Responsible Care Company of the Year
Atlas Copco to Acquire Swedish Mining Intelligence Business
EPA Recognizes BASF as Safer Choice Innovator
PPG Uses OPTICOR Advanced Transparency Material for BLADE Windows
Atlas Copco Opens New Headquarters for Specialty Rental Business in Europe
PPG Completes Sale of Plaka Plasterboard Business to Knauf

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  BizJobs.com





 
  ©2017 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)