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03-04-2010: LANXESS has completed the first phase of construction of its new site in Jhagadia, Gujarat state, India. The production of the rubber chemicals plant was started up, as planned, after being relocated from Thane, Maharashtra state.
The plant features the latest technology and was constructed over a period of less than two years. It will supply the global rubber and mineral oil additive market as well as the rapidly growing Indian tire and rubber industry with high-quality antioxidants belonging to LANXESS’ Vulkanox® brand.
“The Jhagadia site will become LANXESS’ largest production site in India and highlights our long-term commitment to the growing domestic market as well as our Group’s BRIC strategy,” said Rainier van Roessel, member of the Board of Management of LANXESS AG. “With the plant, LANXESS stands out as the only Western company to be manufacturing rubber chemicals in India.”
LANXESS is investing about EUR 50 million in total at the 13 hectare Jhagadia site, which will also include a new ion exchange resins plant. This plant is on schedule to start up production this year and will be the most modern of its kind in Asia. Some 250 workers in total will be employed by LANXESS at the site.
The ion exchange resins plant will manufacture products for industrial water treatment, for the semiconductor and pharmaceutical industries, for food production and for power generation. There is a growing demand for clean water due to a booming population and the trend towards urbanization in India.
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