LANXESS India Celebrates 10 Years of Operations

Yokohama Rubber partners off-road racing legend Cameron Steele

Specialty chemicals company LANXESS India has celebrated its 10th anniversary of operations of three of its business units – Material Protection Products, Rhein Chemie and High Performance Materials at its Jhagadia manufacturing site in Gujarat this month. In view of the COVID-19 pandemic, the milestone was celebrated virtually. 

Jhagadia site is a key manufacturing base for LANXESS globally and one of the large production sites of the company in India.  

Neelanjan Banerjee, Vice Chairman and Managing Director, LANXESS India said, “We have had a remarkable decade of safe and sustainable operations at the Jhagadia site and are proud to have achieved this incredible milestone. The site has consistently delivered outstanding results over the past 10 years with a constant focus on safety, quality and customer satisfaction. The success that we have achieved so far is attributable to the hard work and commitment of our employees as well as to the support of the local administration, the nearby communities and industry. I’m sure we will continue to work and grow together.” (TT)  

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The driving forces behind these significant pricing actions are multifaceted, rooted in substantial disruptions to global supply chains. These disruptions are largely attributed to the ongoing conflict in the Middle East, which has had a cascading effect on logistics. Compounding this issue are the sharply rising costs associated with transportation and essential raw materials.

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