16 September 2011 11:44 [Source: ICIS news]
LONDON (ICIS)--Germany-based LANXESS has inaugurated a chemical plant to develop and produce membrane filtration technology for water treatment at its site in Bitterfeld, the specialty chemicals company said on Friday.
The company has invested around €30m ($42m) in the 4,000sqm project, which will create around 200 new jobs in the long term.
“Thanks to our new membrane filtration products we shall open up further profitable areas of business and considerably expand our strong market position in water technology and purification,” said chairman of the LANXESS board of management, Axel Heitmann.
“With its new membrane filtration products, in combination with its high-performance ion exchange resins, LANXESS is helping to reduce global water problems,” he added.
The facility in Germany had first been started up for piloting and development phases in May of this year, LANXESS said.
Membrane elements filter out unwanted substances from water such as salts, pesticides, herbicides, viruses and bacteria. The value of the global membrane market alone is estimated at around €1bn/year and is set to rise, according to the company.
LANXESS’ first reverse osmosis membrane elements will be available on the market from early 2012.
The company added that in 2011 it is planning to invest around €160m in its German sites, “somewhat more than in 2010”, LANXESS said without going in detail.
LANXESS announced in January 2010 that it would build the chemical plant at its Bitterfeld site as part of the group’s strategy to further expand into the water treatment business.
($1 = €0.72)
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