LEVACO Chemicals Acquires LANXESS's Tank Farm and Strengthens Its Leverkusen Site

The EO/PO tank farm includes, among other things, two underground tanks, each with a capacity of 106 cubic meters; a loading station with a rail spur for delivery by rail tank cars; and the pipeline infrastructure extending to the production facilities. 

With this acquisition, LEVACO aims to operate and further develop the logistics and central hub for its most important raw materials under its own management in the future. The company expects this to result in greater supply security, financial savings, and additional operational flexibility. LEVACO also plans to use its own expertise to make targeted investments in the safety and efficiency of the facility and, thereby, in the future prospects of the site.

Marius Mühlenberg, CEO of LEVACO Chemicals, explains: “The acquisition of the tank farm infrastructure is a clear commitment to our site in Leverkusen and another pillar of our growth strategy. Our focus on specialization holds great promise for the future, which is why we are making targeted investments in the infrastructure that forms the foundation for this. We are assuming responsibility for a key interface in our raw material supply chain and securing core processes for the long term. I would like to thank everyone involved—including those at LANXESS—who professionally prepared and executed this complex handover.”

“We are pleased with the successful and smooth handover of this infrastructure, which is essential for us,” adds Jens Becker, CFO of LEVACO Chemicals. “This step makes good business sense for us and pays off through higher availability and tangible synergies. Our infrastructure here at Chempark provides a solid foundation for further growth and investment at the site.”