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news.Lanxess, a specialty chemicals company, has completed the first phase of construction of its new site in Jhagadia, Gujarat state, India.
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Lanxess will invest about EUR50m in total at the 13 hectare Jhagadia site, which will include a rubber chemicals plant and a new ion exchange resins plant. This plant is on schedule to start up production this year.
The ion exchange resins plant will manufacture products for industrial water treatment, for the semiconductor and pharmaceutical industries, for food production and for power generation.
Lanxess said that the site is part of the newly-developed Jhagadia Chemical Park. The park, which is a project supported by the local government, is the home to other large companies and provides the necessary infrastructure required for operations.
Lanxess is expected to operate a natural gas-based cogeneration plant to supply steam and electricity to the rubber chemicals and ion exchange resins plants. In addition, the company is building a modern wastewater treatment plant to ensure all used water from the plants is discharged well within environmental limits.