LANXESS opens three production plants in Gujarat [01, February 2012]
By admin February 1, 2012 8:44 am IST
Specialty chemicals maker Lanxess has inaugurated three new plants in Gujarat to serve the growing markets in India. The company has invested around Rs 490 crore and created roughly 300 new jobs at the site. Last year, the company has relocated its manufacturing.
The semi-crystalline products business unit that has started production at the new plant for high-tech plastics used by the automotive industry, including leading car manufacturers Tata Motors, Volkswagen and Ford.
In addition, 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 Madurai (Tamil Nadu) during the last year.
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