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People & Business :: Companies
Lanxess Invests at Leather Chemicals Site in South Africa
5:30 AM MST | February 23, 2012 | Sotirios Frantzanas
Lanxess is to invest €40 million ($53.2 million) in the construction of a carbon dioxide (CO2) concentration unit at its Newcastle, South Africa site. Lanxess's site at Newcastle produces sodium dichromate, which is further processed into chrome-tanning materials for the leather industry, the company says. Lanxess's new unit will provide highly concentrated CO2 that the company's production technology requires, it says. Lanxess will, as a result, become independent of the delivery capacity of external CO2 suppliers. Construction of the unit will start...
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