Project News Detail
| Project No : | 204131 |
|---|---|
| Project Title : | Lanxess expands with India Application Development Centre in Thane |
| Company Name : | Private Company |
| Project Detail : | German specialty chemicals company Lanxess has opened its India Application Development Centre (IADC) in Thane, Maharashtra to offer India-centric industrial solutions. With this move, the company aims to double its revenue from India in the coming years. The IADC, occupying an entire floor at LANXESS House, will serve as a hub for Lubricant Additives and Material Protection Products, with potential for expansion. The centre was inaugurated by Matthias Zachert, Chairman of the Board of Management of LANXESS AG, who emphasized India’s significance as a key growth market. The initiative aligns with LANXESS’s shift toward specialty chemicals, focusing on sustainable mobility and consumer protection. With 10 business units and 800 employees in India, the company operates production hubs in Jhagadia, Gujarat, and Nagda, Madhya Pradesh. |
| Project Location : | Multi Location (Multi State) - Multi State - India |
| Project Estimation : | Refer Document |
| Status : | Announced |