(IN BRIEF) LANXESS has inaugurated its India Application Development Center (IADC) in Thane, Mumbai, further strengthening its presence and innovation capabilities in the region. The new center will support customer-centric solutions in lubricant additives and material protection products. It will also conduct advanced research to better serve India’s growing industrial and consumer markets. The IADC aligns with LANXESS’s broader strategy to focus on sustainable mobility and consumer protection. This launch coincides with the company’s 20th anniversary in India. LANXESS has been operating in the country for years with significant production hubs and a dedicated workforce.
(PRESS RELEASE) COLOGNE, 20-Feb-2025 — /EuropaWire/ — LANXESS has officially launched its India Application Development Center (IADC) in Thane, Mumbai, further enhancing its innovation capabilities and strengthening customer service in the region. The inauguration ceremony, led by Matthias Zachert, Chairman of the Board of Management at LANXESS AG, marks a significant milestone in the company’s growth strategy in India.
India is viewed as a critical market for LANXESS, offering vast potential for innovation and collaboration. “India represents a strategic growth region for LANXESS, and this new center reaffirms our commitment to providing specialized, customer-focused solutions while accelerating our innovation-driven growth,” said Zachert. “This is a momentous occasion, as it also coincides with our 20th anniversary in India, giving us two reasons to celebrate.”
The India Application Development Center is a strategic initiative to bring LANXESS’ expertise closer to its Indian customers. It combines knowledge from two major business segments: Lubricant Additives, which include high-performance additives, synthetic base fluids, and ready-to-use lubricants, and Material Protection Products, offering solutions for antimicrobial protection, disinfection, and preservation.
This center will support advanced research, such as studies on friction and wear in lubricants, testing new materials, and evaluating the antimicrobial effectiveness of water-based products like paints and emulsions. “The IADC is a vital step in our ability to serve Indian customers with precision and speed, adapting to the evolving market demands,” remarked Namitesh Roy Choudhury, Vice Chairman & Managing Director of LANXESS India.
The IADC also signifies LANXESS’s transformation into a specialized chemicals company, focusing on less cyclical industries and solutions related to sustainable mobility and consumer protection. India’s booming industrial sector and rapidly growing consumer markets provide an ideal foundation for these innovations.
LANXESS has been present in India for many years, with representation across all 10 of its business units and a dedicated workforce of around 800 employees. The company operates two production hubs in the country—one in Jhagadia, Gujarat, which serves its Rhein Chemie, Liquid Purification Technologies, and Material Protection Products units, and another in Nagda, Madhya Pradesh, focused on flavors and fragrances.
About LANXESS
LANXESS is a leading specialty chemicals company with sales of EUR 6.7 billion in 2023. The company currently has about 12,400 employees in 32 countries. The core business of LANXESS is the development, manufacturing and marketing of chemical intermediates, additives and consumer protection products. LANXESS has achieved leading positions in the Dow Jones Sustainability Index and the MSCI ESG and ISS ESG ratings, among others, for its commitment to sustainability.
Forward-Looking Statements
This company release contains certain forward-looking statements, including assumptions, opinions, expectations and views of the company or cited from third party sources. Various known and unknown risks, uncertainties and other factors could cause the actual results, financial position, development or performance of LANXESS AG to differ materially from the estimations expressed or implied herein. LANXESS AG does not guarantee that the assumptions underlying such forward-looking statements are free from errors, nor does it accept any responsibility for the future accuracy of the opinions expressed in this presentation or the actual occurrence of the forecast developments. No representation or warranty (expressed or implied) is made as to, and no reliance should be placed on, any information, estimates, targets and opinions contained herein, and no liability whatsoever is accepted as to any errors, omissions or misstatements contained herein, and accordingly, no representative of LANXESS AG or any of its affiliated companies or any of such person’s officers, directors or employees accepts any liability whatsoever arising directly or indirectly from the use of this document.
Media Contact:
Michael Fahrig
Spokesperson Trade & Technical
Phone: +49 221 8885-5041
michael.fahrig@lanxess.com
SOURECE: LANXESS
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