Specialty chemicals manufacturer LANXESS on Monday announced it is setting up a new blending plant at its chemical manufacturing site in Jhagadia, Gujarat, with an investment of Rs 150 crore.
As part of the first phase of development, the facility will manufacture specialty lubricant additives, the company said in a statement.
Designed to serve both domestic and international markets, the facility will primarily cater to customers across India, the Middle East, and other key global markets.
"With this plant we are reinforcing our strong commitment to our customers in the region. This facility strengthens our ability to reliably serve customers across India, the Middle East and other markets with high-quality, innovative lubricant additive solutions, using a local-for-local approach," Neelanjan Banerjee, Senior Vice President and Global Head of the Business Unit Lubricant Additives, LANXESS, said.
As part of the first phase of development, the facility will manufacture specialty lubricant additives, the company said in a statement.
Designed to serve both domestic and international markets, the facility will primarily cater to customers across India, the Middle East, and other key global markets.
"With this plant we are reinforcing our strong commitment to our customers in the region. This facility strengthens our ability to reliably serve customers across India, the Middle East and other markets with high-quality, innovative lubricant additive solutions, using a local-for-local approach," Neelanjan Banerjee, Senior Vice President and Global Head of the Business Unit Lubricant Additives, LANXESS, said.
