Lanxess India, the specialty chemicals company, has commenced production at
its new site in Jhagadia in Gujarat.
This unit has been set up with an investment around Rs 320 crore spread over
13 hectares.
The company has completed first phase of construction at site in less than
two year's time and plans to supply the global rubber and mineral oil additive
market as well as the domestic tyre and rubber industry with antioxidants
belonging to 'Vulkanox' brand of Lanxess.
The project also have a new ion exchange resins plant. Work on the resins
plant is on schedule and expected to start production this year. It will
manufacture products for industrial remove waste water treatment, the
semiconductor and pharmaceutical industries, food production and power
generation.
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