Speciality chemicals company Lanxess is investing around €60m in the expansion of the Leverkusen, Germany-based manufacturing site of its subsidiary Saltigo, which is expected to result in the creation of 10 new jobs.
This is the biggest single investment in Saltigo, a leading supplier of exclusive synthesis, since it was founded as a fine chemicals company in 2006.
Lanxess says expanding Saltigo's synthesis capacities for custom manufacturing in its Central Organics Pilot Plant (ZeTO) by around one third should sustainably strengthen the firm's market position.
'Once again this year, we have many projects in the pipeline and see further growth potential,' said Wolfgang Schmitz, Managing Director of Saltigo.
He added that part of the new capacity is already contractually secured.
Saltigo will use a large part of the investment to add further reactors to its multi-purpose facilities and to construct two new solids isolation and drying lines. In addition, it will ensure a more efficient raw material and solvent supply through the installation of a new container warehouse next to the plant. There is also scope for further expansion of this storage capacity.
The complete facility will be equipped with a modern new process control system to combine the highest possible qualitative requirements with maximum productivity.
The building work is scheduled to start in the middle of next year, while production should commence at the end of 2017.