Specialty chemicals company LANXESS has completed and put into operation the expansion of its Rhenodiv production line in Jhagadia on February 1, 2024. With this new facility, the company’s Rhein Chemie business unit has significantly increased its production capabilities and will be able to meet the growing demand of the Indian Sub-continent and the Asian tyre and rubber goods markets.
LANXESS has another such facility in Argentina as well, the press release noted.
Matthias Zachert, CEO and Chairman of the Board of Management of LANXESS AG, said, “India is an important region for us and this strategic milestone reflects our commitment towards meeting the growing demands of our valued customers in the region. The new facility not only amplifies our production capacity but also showcases our faith in the immense potential of the Indian market.”
Dr. Jens Hendrik Fischer, Global Head of Rhein Chemie business unit, said, “The expansion of our Rhenodiv production line at the Jhagadia site reinforces our position as a reliable partner for the rubber industry and showcases our commitment to innovation and sustainability.”