LANXESS INVESTING RS.12.50 BILLION IN INDIA

摘要

Specialty chemicals company LANXESS is strengthening its asset base in India.The company plans to invest up to Rs.12.50 billion till 2023.Focus areas of the investment will be the businesses for chemical intermediates,high-performance plastics and water treatment products,the company says.LANXESS had already invested a sizeable amount in India over the years,among others for greenfield investments and acquisitions.The company currently operates production facilities for five business units at its sites in Jhagadia and Nagda.