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• Investment of seven-figure EUR amount;
• Project to be completed in the first half of 2019.
The company is optimizing its process technology and operating efficiency for a seven-figure EUR amount. The project is scheduled for completion in the first half of 2019.
“For our ion exchange resins business, we see great potential in numerous future-oriented industries. We intend to make even better use of this potential by optimizing our technology,” said Rainier van Roessel, member of the Board of Management at LANXESS AG. “At the same time, with this investment, we are further strengthening the position of the Leverkusen site as the heart of our production operations in Germany.”
Demand for ion exchange resins is for example rising in the battery industry, driven in particular by the trend toward electromobility. The metals essential for battery cell production lithium, nickel and cobalt can be extracted by means of ion exchange resins.
Little all-rounders
Ion exchange resins are polymer beads that absorb undesirable substances in fluids. Depending on the substance, differently functionalized beads are used.
Possible household applications include, for example, softening water in dishwashers and cartridges in household water filters. Here, ion exchange resins remove undesired calcium and magnesium salts or lead and copper ions from tap water. This improves the quality and taste of the drinking water.
In power plants, the polymer beads are used in the production of highly purified water and steam. Deposits and corrosion can thereby be prevented and efficiency, operational safety and service life increased. Furthermore, ion exchange resins help in removing selected heavy metals, such as mercury and cadmium, and organic pollutants from both groundwater and industrial wastewater.
Leading provider of water treatment solutions
The LANXESS Liquid Purification Technologies (LPT) business unit is one of the world’s most important providers of water treatment solutions. In addition to ion exchange resins, the specialty chemicals company offers membrane filter elements for reverse osmosis and ultrafiltration membranes. LANXESS is one of very few companies to offer these two different, complementary water treatment technologies from a single source.
In addition to Leverkusen, the business unit operates further plants for the production of ion exchange resins in Bitterfeld, Germany, and in Jhagadia, India. Moreover, LANXESS manufactures reverse osmosis membrane filters in Bitterfeld. The LPT business unit is headed by Bettina Blottko and employs around 530 people worldwide, with roughly 120 of those in Leverkusen.
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 accept any liability whatsoever arising directly or indirectly from the use of this document.
LANXESS (lanxess.com) is a leading specialty chemicals company with sales of EUR 9.7 billion in 2017 and about 19,200 employees in 25 countries. The company is currently represented at 73 production sites worldwide. 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.
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