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Lanxess buys in France

6:59 AM MDT | October 11, 2013

Lanxess has acquired the French subsidiary of the insolvent Thermphos (Vlissingen, Netherlands). The deal covers the production assets and customer list of Thermphos’s site at Epierre, France, a leading producer of phosphorus pentoxide and polyphosphoric acid. Each product complements Lanxess’s existing phosphorus chemicals portfolio. The products are used as chemical intermediates, including for flame retardants and pharmaceuticals. The site will be integrated into the production network of Lanxess’s functional chemicals business unit, which forms part of...

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