Lanxess
Lanxess
Lanxess has announced it plans to strengthen its global asset base for flame retardant additives with investments of around EUR 200 million (approx. £178.5m GBP) over the next three years.
The speciality company runs a strongly backward integrated production network for bromine and phosphorous based flame retardants with plants in the U.S., Germany, France and the United Kingdom.
“With the acquisition of the U.S. company Chemtura in spring 2017 we became one of the world’s leading suppliers of flame retardant additives. With the investment package we will further strenghten our strong position in this growing market,” said Karsten Job, Head of the Polymer Additives Business at Lanxess.
Lanxess has significantly expanded its market position for flame retardant additives after integrating the former Chemtura businesses with brominated flame retardant additives, bromine and bromine derivatives.
Due to their high effectiveness, these substances are used among others in the construction industry and were an ideal complement for the already existing Lanxess business with phosphorus-based flame retardant additives.
In addition to the production network for flame retardants, Lanxess is running two technical development centres for these products in Naugatuck in the USA and Leverkusen in Germany, where it says it is working on innovative new products such as reactive and polymeric flame retardants.