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Chemical Week Magazine :: Business & Finance :: Asia/Pacific
Lanxess Invests in India Plants
1:13 PM MST | February 4, 2008 | Natasha Alperowicz
Lanxess says it will relocate a rubber chemical plant from Thane near Mumbai to Jhagadia in the state of Gujarat, India. Lanxess is currently constructing an ion exchange resin plant at Jhagadia, which will become Lanxess’s largest manufacturing site in India when the two projects are completed in 2010, Lanxess says. Products to be made at the relocated rubber chemical plant include the age inhibitor Vulkanox. Lanxess is spending about €50 million ($73 million) on the two projects, of which €38 million will be for the ion exchange resin unit...
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