January 18, 2008

LANXESS expansion in Jhagadia makes location its biggest production site in India

Total expenditures around EUR 50 million

LANXESS is to relocate production of rubber chemicals from Thane (Indian state of Maharastra) to Jhagadia in the state of Gujarat. Production will begin in two years at the same time as the launch of the new ion exchange resin plant of the Ion Exchange Resins business unit. From 2010 LANXESS will start supplying the rapidly growing Indian tire market with rubber chemicals from this modern site, the only western company with such operations in India. Overall, LANXESS is to invest some EUR 50 million in the new site.

In Jhagadia LANXESS will employ around 250 people during the first expansion stage. The head office of LANXESS India Private Limited will remain in Thane. Jhagadia will become LANXESS’s second production site in India after Madurai in southern India (Indian state of Tamil Nadu), and will be the bigger of the two. From here the Ion Exchange Resins business unit will supply products for the generation of ultra-pure water for the semiconductor and pharmaceutical industries and for industrial water treatment.

Please find more details in the _press release.