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Chemical Week Magazine :: Business & Finance :: Europe/Mideast
Syngenta to Fund Fine Chemical Expansion by Lanxess
8:24 AM MDT | May 21, 2010 | Ian Young
Syngenta will fund a major expansion of capacity by Saltigo, the fine and custom chemical subsidiary of Lanxess, under a long-standing cooperation between the companies. Syngenta will invest a combined €50 million ($62 million) to expand three Saltigo facilities at Leverkusen, to enhance their capacity “significantly” for synthesizing active ingredients for crop protection agents. Saltigo supplies agchem active ingredients and intermediates made at these plants exclusively to Syngenta under the terms of the cooperation agreement. The expansion...
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