Lanxess acquires US-based maker of phthalate-free plasticisers

摘要

GERMAN speciality chemicals company, Lanxess has agreed to acquire Unitex Chemical Corporation located in Greensboro, North Carolina, USA for an undisclosed sum. This is Lanxess' first acquisition of a manufacturing site in the US.Unitex's production site in Greensboro has a capacity of more than 50,000-tpa dedicated to mainly producing phthalate-free plasticisers and other speciality products, including flame retardants. Unitex achieved sales of about US$ 30-mn in 2010.