LANXESS expands phosphorus chemicals portfolio

摘要

LANXESS is expanding its portfolio of phosphorus-based chemicals by taking over the business operations belonging to the French subsidiary of the insolvent Dutch company thermPhos International B.V. The transaction closes with immediate effect. LANXESS is acquiring the production assets and the customer list of the thermPhos site in Epierre, South Eastern France-a globally leading Phosphorus Pentoxide and Polyphosphoric Acid producer. Both products are complementary to the company's existing phosphorus portfolio. They can be used as chemical intermediates including flame retardants and pharmaceuticals.