Ashland and Süd-Chemie joint venture
German speciality chemical company Süd-Chemie and US speciality company Ashland have combined their activities in the area of chemicals for the foundry industry. Each company holds a 50 per cent stake in the joint venture, ASK Chemicals, which is based in Hilden, Germany and employs 1300 staff. A wide range of chemicals, such as additives, catalysts and coatings, are used in foundries, which produce metal castings using moulds.
New Lanxess plant in India
German specialty chemicals company Lanxess has opened a new plant for ion exchange resins in India. Lanxess is best known as a manufacturer of synthetic rubber for tyres. The plant is located in Jhagadia in Gujarat and has an annual capacity of 35,000 metric tons. Lanxess says it has invested about €50 million (£43 million) in the site, which already has a rubber chemicals production plant that the company took over in March. Ion exchange resins are used for water treatment in power generation, microelectronics production and the industries for drinking water and food preparation. (more…)