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LANXESS completes EUR 30m membrane filtration plant in Germany

September 19/2011

(ICIS) -- Germany-based LANXESS has inaugurated a chemical plant to develop and produce membrane filtration technology for water treatment at its site in Bitterfeld, the specialty chemicals company said on Friday. The company has invested around EUR 30m (USD 42m) in the 4,000sqm project, which will create around 200 new jobs in the long term.

Membrane elements filter out unwanted substances from water such as salts, pesticides, herbicides, viruses and bacteria. The value of the global membrane market alone is estimated at around EUR 1bn/year and is set to rise, according to the company. LANXESS first reverse osmosis membrane elements will be available on the market from early 2012.

The company added that in 2011 it is planning to invest around EUR 160m in its German sites, somewhat more than in 2010, LANXESS said without going in detail.

LANXESS announced in January 2010 that it would build the chemical plant at its Bitterfeld site as part of the groups strategy to further expand into the water treatment business.

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