ERJ staff report (DS)
Leverkusen, Germany -- Lanxess AG is expanding capacity at its basic chemicals unit by 60 percent, with an investment of Euro 35 million. The expansion will bring on-stream new capacity for Vulkanox BHT, Vulkanox BKF and monochlorobenzene by the beginning of 2010. Â
Lanxess' Basic Chemicals website says the two Vulkanox materials are used as anti-oxidants in the rubber industry.
â€œThe ongoing expansion of the aromatics network through the single biggest investment that the Basic Chemicals business unit has ever made is a clear expression of faith in the Leverkusen site. The markets of these chemicals are in a strong period of consolidation andÂ LanxessÂ is helping to shape this process actively. We are still able to make this investment despite a possible weakening of the economy, as the greater part of the capacity increase is already covered by supply contracts,â€ said Lanxess Board member Werner Breuers.
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Press release from Lanxess
Vulkanox BHTÂ on Lanxess website
Vulkanox BKFÂ on Lanxess website