MOSCOW (MRC) -- Specialty chemicals company Lanxess has successfully completed a debottlenecking project resulting in a 15 percent increase in global production capacity of its Additin RC 4000 series of corrosion inhibition additives, as per the company's press release.
The additional capacities are a result of process synergies identified and realized following Lanxess’s 2017 acquisition of Chemtura Corporation, which expanded its lubricant additives portfolio and global production network.
"With Lanxess’s increased footprint from the Chemtura acquisition, we were able to unlock process synergies between our production sites in Mannheim, Germany and West Hill, Canada to increase output of our corrosion inhibitors products to meet market demand and further enhance our global production network," said Martin Saewe, Head of the Lubricant Additives business line in Lanxess’s Additives (ADD) business unit.
"The global corrosion inhibitor market is growing and we have seen increasing demand for Lanxess specialty additives products due to their unique performance and technical advantages relative to other product offerings in the market," Saewe adds. "While we are committed to supply security for our customers, we are also looking toward the future with new product developments in the pipeline to meet new performance requirements and stricter regulations."
Lanxess’ Additin Corrosion Inhibition (CI) product range includes calcium sulfonate, carboxylate, succinic acid, and phosphoric acid-based specialty products. They work by being adsorbed on the polar metal surface to form a water-repellent and protective film that protects against corrosion. Main applications include power transmission oils, industrial oils, metalworking fluids, anti-corrosion oils, and greases.
As MRC reported earlier, Lanxess A.G. is expanding production of high-performance plastics at its Krefeld-Uerdingen site in Germany by building a new compounding facility at the North Rhine-Westphalia site. The Cologne-based specialty chemicals company said Sept. 19 that it was investing a "mid-double-digit million euro" amount in the new facility, which is scheduled to start operation in the second half of 2019.
The Additives (ADD) business unit is part of Lanxess’ Specialty Additives segment, which recorded sales of EUR 1.60 billion in fiscal year 2017.
Lanxess is a leading specialty chemicals company with sales of EUR 9.7 billion in 2017 and with about 19,200 employees in 25 countries. The company is currently represented at 74 production sites worldwide. The core business of Lanxess is the development, manufacturing and marketing of chemical intermediates, additives, specialty chemicals and plastics. Through Arlanxeo, the joint venture with Saudi Aramco, Lanxess is also a leading supplier of synthetic rubber.
MRC