Lanxess strengthens Advanced Industrial Intermediates unit

Lanxess India will transfer the Rubber Chemicals (RUC) production assets in Jhagadia (Gujarat) to its Advanced Industrial Intermediates (AII) business unit (BU) as a result of a global restructuring programme for the AII BU.
 
Globally, German specialty chemicals company Lanxess, which is currently undertaking a strategic realignment initiative, has decided to restructure its Advanced Industrial Intermediates business unit. One of its largest business units AII, which until now catered to intermediates for agrochemicals, pharmaceuticals, dyes, coatings among others, will now also take over the antioxidants and accelerators businesses previously managed by the Rubber Chemicals (RUC) business unit at Lanxess.
 
The restructured business unit AII's core business will continue to be the production and global marketing of high-grade industrial chemicals. The expansion of its current product portfolio through the addition of the business unit RUC's antioxidants and accelerators fits in very well with the existing business model. This realignment will allow leveraging the synergies between the two erstwhile BUs, build a competitive sales structure with improved efficiencies, allow competitive access to raw materials and utilities, enable sharing of resources and optimising costs.
 
As part of restructuring, the RUC production assets in Jhagadia (Gujarat) will also come under Advanced Industrial Intermediates BU.
 
“I believe that we have an excellent example of efficient, competitive and sustainable manufacturing with the BU AII’s manufacturing operations in Nagda, Madhya Pradesh. Under the realm of BU AII, the RUC production assets in Jhagadia will also be run in a similar manner. Thus, we now have a wider basket of products to offer to our customers in India and overseas. Together with these assets, an expanded portfolio and our capabilities, I am optimistic that we will be able to leverage the synergies for profitable growth,” said Neelanjan Banerjee, senior vice president – BU AII and senior executive director, Lanxess India.