"With the acquisition of the U.S. company Chemtura in spring 2017 we became one of the world’s leading suppliers of flame retardant additives. With the investment package we will further strenghten our strong position in this growing market," says Karsten Job, head of the Polymer Additives Business at Lanxess.
Lanxess has significantly expanded its market position for flame retardant additives after integrating the former Chemtura businesses with brominated flame retardant additives, bromine and bromine derivatives. Due to their high effectiveness, these substances are used among others in the construction industry and were an ideal complement for the already existing Lanxess business with phosphorus-based flame retardant additives.
Focus on research and developmentIn addition to the production network for flame retardants, Lanxess is running two technical development centers for these products in Naugatuck/USA and Leverkusen/Germany. "Out of Leverkusen and Naugatuck, we are driving global innovations like reactive and polymeric flame retardants," says Job. Reactive and polymeric flame retardants, like Lanxess's Emerald Innovation 3000, enjoy a constant rise in demand as they offer a much better sustainability profile than standard flame retardants.
Source: Lanxess AG