LANXESS inaugurates India Application Development Center
- Supports innovation and tailored solutionsfor India’s industrial and consumer markets
Mumbai, February 18, 2025 – German specialty chemicals company LANXESS today inaugurated its India Application Development Center (IADC) in Thane, Mumbai, strengthening its innovation and customer service capabilities. The center, takingup an entire floor at LANXESS House, serves as a hub for two business units with capacity for future expansion.
“India is a critical growth region for LANXESS, offering immense opportunities for collaboration and innovation,” Matthias Zachert, Chairman of the Boardof Management of LANXESS AG, said at the inauguration ceremony. “The new application development center represents our commitment to delivering solutions tailored to the needs of our local customers while driving organic, innovation-led growth. I am also thrilled that this important milestone for India coincides with our 20thanniversary as a company: an opportunity to celebrate twice.”
The IADC underscores LANXESS’ strategic focus on India as a key market and innovation hub, enhancing the company’s abilityto deliver high-value, specialized solutions tailored to local needs. In a first step, it integrates expertise from two key businesses in India: Lubricant Additives (high-performance additives and additive systems, synthetic base fluids and ready-to-use lubricants) and Material Protection Products (antimicrobial, disinfection, and preservation solutions).
Customers will for example benefit from advanced studies of friction and wear of lubricants, the synthesis and testing of new materials and the evaluation of the antimicrobial performance of paints, emulsions, and other water-based chemistries.
“By establishing the IADC, weare bringing our expertise closer to our Indian customers. This center will not only support innovation but also strengthen our ability to address evolving market trends with speed and precision,” Namitesh Roy Choudhury, Vice Chairman & Managing Director at LANXESS India, said.
The establishment of the IADC aligns with LANXESS’s transformation into a specialty chemicals company, focusing on less cyclical business areas and solutions for critical applications such as sustainable mobility or consumer protection. India’s growing industrial base and expanding consumer markets make it an ideal platform for driving such advancements.
LANXESS has a long-standing presence in India, with representation from all 10 of its business units and a workforce of around 800 employees. The company operates two production hubs: one in Jhagadia, Gujarat, focusing on Rhein Chemie, Liquid Purification Technologies, and Material Protection Products, and another in Nagda, MadhyaPradesh, which specializes in Flavors & Fragrances.
About LANXESS
LANXESS is a leading specialty chemicals company with sales of EUR 6.7 billion in 2023. The company currently has about 12,400employees in 32 countries. The core businessof 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 ESGand ISS ESG ratings, among others, for its commitment to sustainability.
India,February 2025
Forward-Looking Statements
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