Lanxess Opens New Formalin Plant in Germany

Lanxess says it has officially opened a new formalin production plant at the company's Krefeld-Uerdingen, Germany site. The total investment amount for the construction of the plant, which was announced in February 2010, reached €18 million ($23.7 million) and the project created five jobs at the site, the company says. New formalin and methanol tanks were constructed alongside the plant, Lanxess says. Formalin is a feedstock for trimethylolpropane (TMP), a trivalent alcohol used in numerous products including many with applications in the automotive...

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