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Business Wire IndiaThe Liquid Purification Technologies (LPT) business unit of specialty chemicals company LANXESS celebrates the 5th anniversary of its production facility in Jhagadia, Gujarat, Asia’s most state-of-the-art plant for ion exchange resins.
To commemorate the occasion, a celebratory event was organized at the site, where 300 participants were addressed by Rainier van Roessel, Member of the Board of Management of LANXESS AG, Jacques Perez, Managing Director and Country Representative of LANXESS India Pvt. Ltd., Jean-Marc Vesselle, Head of LANXESS’ Liquid Purification Technologies business unit and Michael Pies, Global Head of Production & Technology of the business unit.
LPT is one of the world's foremost suppliers of products for treating water and other liquid media. It can look back on more than 75 years of experience in the development and production of ion exchange resins with its extensive Lewatit® product range. The business unit also produces reverse osmosis membrane elements used, among others, for the desalination of water.
It was on December 2, 2010 that LANXESS inaugurated the ion exchange resins plant in Jhagadia, India. The plant was constructed over a period of two years and has a rated annual capacity of 35,000 metric tons. LANXESS had invested around EUR 50 million in the plant. Around 200 employees manufacture products for industrial water treatment for the semi-conductor and pharmaceutical industries, the food sector and the power industry there.
“We are pleased that this facility has helped India to move closer towards a more sustainable future. At the same time, the plant has also allowed us to comprehensively support the growth of our customers in India, and across Asia”, said Rainier van Roessel.
“We believe that the water treatment market in India is seeing a good expansion. The market has undergone a tremendous change in the last few years with an increase in market knowledge and skill. With huge requirements for industrial water recycling and purification of water, there is a good scope for further growth”, said Jean-Marc Vesselle. “The overall market for water treatment in India is expected to grow at around 15 to 18 percent every year."
Prakash Shanmugam, Head of business unit Liquid Purification Technologies in India added: “I congratulate the team of Liquid Purification Technologies in Jhagadia, for having run operations successfully, keeping all safety aspects in mind and seamlessly becoming a part of team LANXESS. Over the years, the team has performed extremely well and I thank each stakeholder for making this possible. With continued co-operation, we hope to achieve many more milestones in the years to come.”
In Asia in particular, and in India especially, demand for liquid purification technologies is expected to grow due to rapid population growth and increasing urbanization. With LANXESS’ world class production facility in Jhagadia, Gujarat, India is an important base for serving customers around the world. The ion exchange resins and the reverse osmosis membrane elements technology together make LPT a one-stop-shop supplier for water treatment needs.
LANXESS is a leading specialty chemicals company with sales of EUR 8.0 billion in 2014 and about 16,300 employees in 29 countries. The company is currently represented at 52 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of plastics, rubber, intermediates and specialty chemicals. LANXESS is a member of the leading sustainability indices Dow Jones Sustainability Index (DJSI World) and FTSE4Good.
This news release may contain forward-looking statements based on current assumptions and forecasts made by LANXESS AG management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.
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Photo Caption: LANXESS’ Liquid Purification Technologies 5th anniversary celebrations in India.
LANXESS representatives (L-R) Dr. Jacques Perez, Dr. Michael Pies, Mr. Jean-Marc Vesselle and Dr. Rainier van Roessel