LANXESS renames ion exchange resins unit, invests €10m

02 April 2013 15:28  [Source: ICIS news]

LONDON (ICIS)--LANXESS has renamed its ion exchange resins business to “Liquid Purification Technologies” and is investing €10.0m ($12.8m) to further expand the unit, the Germany-based chemicals firm said on Tuesday.

LANXESS said it changed the name to reflect the expansion of the unit's product portfolio with the addition of membrane filtration technology for reverse osmosis.

The new name better reflects the technical expertise, services, products and processes the unit provides, said Jean-Marc Vesselle, who heads the unit.

“We decided for “Liquid Purification Technologies” [as the new name] because that represents what we want to stand for in the best possible way: our technical expertise and service competency in liquid purification both in products and processes, reflection of our enhanced portfolio for water treatment solutions as a one-stop-shop provider for both water separation technologies,” Vesselle added.

LANXESS also said it is investing about €10m at is production hub in Leverkusen, Germany, to build a new production line for weakly acidic cation exchange resins and a state-of-the-art facility for food-grade-standard filling and packaging.

Construction work has already begun and is due to be completed by mid-2014.

($1 = €0.78)

By: Stefan Baumgarten
+1 713 525 2653

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