Company Investment Germany: Lanxess expands production of flame retardants
Lanxess announced plans to strengthen its global asset base for flame retardant additives with investments of around $ 226 million over the next three years.
The company runs a strongly backward integrated production network for bromine and phosphorous based flame retardants with plants in the US (Charleston, El Dorado, Greensboro), Germany (Leverkusen, Krefeld-Uerdingen), France (Épierre) and the United Kingdom (Manchester).
With the acquisition of the US company Chemtura in spring 2017, the speciality chemicals producer became one of the world’s leading suppliers of flame retardant additives. With the investment package they intend to further strengthen their position in this growing market, says Karsten Job, head of the Polymer Additives Business. The company has significantly expanded its market position for flame retardant additives after integrating the former Chemtura businesses with brominated flame retardant additives, bromine and bromine derivatives. Due to their high effectiveness, these substances are used among others in the construction industry and complement the already existing business with phosphorus-based flame retardant additives. In addition to the production network for flame retardants, the group is running two technical development centers for these products in Naugatuck/USA and Leverkusen/Germany, were they are driving global innovations like reactive and polymeric flame retardants.
This article was first published on www.process-worldwide.com.