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(process-worldwide) -- Lanxess is expanding cresol
production at its Leverkusen site once again. The specialty chemicals company
plans to further increase capacity for this high-quality intermediate for the
global market by some 20 percent by mid 2013.
“This investment of around EUR20 million in extending this facility is
another clear statement by Lanxess highlighting the company’s commitment to
Germany and North Rhine-Westphalia as an industrial location,” said Werner
Breuers, member of the board of management of Lanxess. “We expect sustainable
market growth with cresols and have aligned our long-term planning to this.”
Among other applications, cresols are widely used in the manufacture of vitamin
E, resins and flame retardants and in the agrochemicals sector.
mrcplast.com |
