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Lanxess to Hike Cresols Capacity at Leverkusen

7:22 AM MST | February 13, 2012 | Ian Young

Lanxess says its advanced industrial intermediates business unit has decided to expand production capacity for cresols at Leverkusen by a further 20%. The €20-million project is due for completion in mid-2013. The company's current and planned capacity for cresols were not disclosed. Cresols are used widely in the production of vitamin E, resins, and flame retardants, and in the agchem sector. "We expect sustainable market growth with cresols and have aligned our long-term planning to this," Lanxess board member Werner Breuers says. Lanxess...

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