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LANXESS invests in production for ion exchange resins in Leverkusen, Germany

Investment of seven-figure EUR amount

12-Nov-2018

LANXESS AG

Specialty chemicals company LANXESS is investing in its production facility for ion exchange resins at its Leverkusen site.

Specialty chemicals company LANXESS is investing in its ion exchange resin production facility at the Leverkusen, Germany, site. 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.

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