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Lanxess Invests in Leverkusen

On October 26, 2008, Lanxess AG announced that its Basic Chemicals business plans to invest Euro 35 million at its production site in Leverkusen, Germany to expand its aromatics network, including capacity for basic chemicals cresols, Vulkanox BHT, Vulkanox BKF and monochlorobenzene. The work is scheduled for completion by the beginning of 2010. This will enable an increase in capacity of up to 60 percent. Lanxess is aiming to begin increasing production of monochlorobenzene by the third quarter of 2009. According to Lanxess, the aromatics network in Leverkusen has basically existed for more than 100 years. It comprises a large number of products which act as essential starting products for agrochemicals, polymers, surface coatings and pigments.

Vulkanox BHT is an antioxidant intended for use in elastomers, latices, polyether polyols, mineral oils, propellants, adhesives, paints, printing inks, plastics, and other materials. Vulkanox BKF is a bisphenol antioxidant used in elastomers, latices, paints and polymers.

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