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Lanxess acquires French subsidiary of Thermphos, producer of phosphorus-based chemicals
8:02 AM MDT | September 16, 2013 | Natasha Alperowicz
Lanxess is acquiring the French subsidiary of the insolvent Thermphos (Vlissingen, Netherlands), which will expand Lanxess’s portfolio of phosphorus-based chemicals. The transaction closes with immediate effect. Lanxess is acquiring the production assets and the customer list of the Thermphos’s site at Epierre, France, a leading producer of phosphorus pentoxide and polyphosphoric acid. Both products complement Lanxess’s existing phosphorus portfolio. The products are used as chemical intermediates, including flame retardants and...
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