Lanxess India Pvt. Ltd., a wholly-owned subsidiary of Lanxess Deutschland GmbH, is setting up a new production facility in Gujarat, according to Wolfgang Heuchel, Vice-President (Ion Exchange Resins business unit).
Mr. Heuchel told The Hindu that the state-of-the-art facility, which was coming up at Jhagadia in Gujarat would produce high-performance ion exchange resins (used to remove dissolved components from liquids) and rubber chemicals. The capacity of the plant would be 20,000 cubic metres of resins annually. Water treatment was the best-known and biggest field of application for ion exchange resins.
The new facility, which would involve an outlay of euro 50 million (Rs. 325 crore), would be operational from the third quarter of this year.
The Vice-President said Jhagadia would be Lanxess’ second production facility, the first one being in Bitterfield, Germany.
The project was being undertaken by Lanxess’ ion exchange resin business unit, which belongs to the performance chemicals segment. The Jhagadia unit would be the hub for the global market, he said.
Lanxess India was manufacturing leather chemicals, specialty rubber and material protection products at its factory in Madurai and basic chemicals at its new Nagda site in Madhya Pradesh. The rubber chemicals plant was being relocated to Jhagadia from Thane, he said.
