LANXESS showcases sustainable solutions for the paint and coatings industry

Press Release

25 Feb 2016

• Represented through its three business units Inorganic Pigments, RheinChemie Additives and Material Protection Product

Mumbai, LANXESS, a global specialty chemicals company, presents its comprehensive product portfolio for the paint and coatings industry at the exhibition Paint India 2016 in Mumbai from January 21-23.

The company's presentation spans a broad portfolio including the high-performance pigments from the lightfast, weather-stable and chemical-resistant Bayferrox® and Colortherm® lines, the organic and inorganic pigment preparations Levanyl® and Levanox® and the extensive Preventol® and Biox® range of biocides.

Inorganic Pigments - Premium chemistry for coatings

At the exhibition, LANXESS showcased the whole color range of iron oxide and chromium oxide pigments, and exhibit its sustainable, innovative solutions. LANXESS Inorganic Pigments products – marketed under the well-known brand names of Bayferrox® and Colortherm® – cater to the paint and coatings, construction plastics and paper industries.

The paint and coatings market is very important for LANXESS as it is one of the fastest growing applications for LANXESS’ specialty products. The ongoing urbanization in India creates a growing demand for the coatings industry.

High-quality pigments from LANXESS Inorganic Pigments business unit offer not only outstanding light fastness, high tinting strength, color consistency and weather stability but also an unmatched dispersibility.

LANXESS has recently completed the construction of its new inorganic pigments plant in Ningbo which is scheduled to start production in the first half of 2016. The new plant will be the role model for an environmentally friendly and safe production of high-quality iron oxide red pigments. Highest product quality, sustainable production and resource-saving management of raw materials can be achieved by using the patented and newly developed Ningbo Process.

The total investment at the Ningbo site is around EUR 60 million for an initial annual synthesis capacity of 25,000 metric tons. On the same site, LANXESS is building a mixing and milling plant for inorganic pigments with an annual capacity of 70,000 metric tons and has created a total of around 200 new jobs with these two plants which are scheduled to start production in the first quarter of 2016.

“The new plant manifests our continuous investments into capacity expansions and new technologies. It expands our global production capacity and furthermore strengthens our position as a reliable partner to pigments industry with a broader product portfolio,” said Joerg Hellwig, Head of LANXESS Inorganic Pigments business unit.

Colorants for a broad range of applications

The LANXESS RheinChemie Additives business unit,is presentingits products Levanyl and Levanox®, along with high-performance pigments such as Bayfast® which have versatile applications. Levanyl® products are aqueous, solvent-free organic pigments which are lightfast, and possess high brilliance and noted above all for their fine dispersion and high transparency. Whereas Levanox® is a family of aqueous, solvent-free inorganic pigment preparations, comprising selected high-grade inorganic pigments, which can be used in paints and coatings and detergents. Also showcased at the exhibition is Stabaxol® which used as anti-hydrolysis agent for PU adhesives, coating, sealants and elastomers.

Biocides for paints and coatings

Rapid industrialization, economic activity and rising demand from urbanization especially the construction applications are driving demand for paints and coatings. As one of the leading manufacturers of biocidal active ingredients and biocide formulations, the LANXESS Material Protection Products business unit (MPP) offers a comprehensive range of products for the paints and coatings industry.

Along with outstanding technical service, the LANXESS Preventol® biocides for coatings fulfill the key demands placed on such products: low toxicity, non-VOC, non FA, cost-effectiveness and compatibility with other components of the coating. These products do not only preserve the good appearance of facades or patios, for example, but also safeguard the value of these objects in the long term.

“We believe that the Asian region is a fast growing market and India has shown a good growth potential. LANXESS is the largest provider of biocides in India and with our proven Preventol® line of products, we are equipped to cater to the growing demand of the large biocides market in the country.” said Dr. Oliver Kretschik, Vice President Business Line Biocides, Business Unit Material Protection Products.

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.

Mumbai,          January 21, 2016

Forward-Looking Statements
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.

Information for editors:
All LANXESS news releases and their accompanying photos can be found at http://press.lanxess.com. Recent photos of the Board of Management and other LANXESS image material are available at http://photos.lanxess.com. TV footage can be found at http://globe360.net/broadcast.lanxess/.

You can find further information concerning LANXESS chemistry in our WebMagazine at http://webmagazine.lanxess.com.

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