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Lanxess to Build Engineering Plastics Facilities in India

6:42 AM MDT | June 16, 2010 | Deepti Ramesh

Lanxess says it will invest €10 million ($12 million) to build compounding facilities with an initial capacity of 20,000 m.t./year for the production of the engineering plastics Durethan and Pocan at the company’s existing site at Jhagadia, India. Construction of the new compounding facilities will begin later this year. The facilities are expected to come onstream at the start of 2012, and will employ about 60 people. “With an investment of over €10 million, we will be strengthening our position as a premium supplier of high-tech plastics...

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