Telit Adds LoRaWAN™ / BLE Combo Module to its Broad Range of IoT Wireless Technologies

Company also joins the LoRa Alliance™

Telit, a global enabler of the Internet of Things (IoT), today announced the introduction of the RE866A1-EU, its LoRaWAN™ protocol, Bluetooth low energy (BLE) IoT combo module. With the addition of LoRaWAN technology, BLE and Wi-Fi to NB-IoT, Cat M and to other cellular standards, the company continues to offer the industry’s broadest portfolio of wireless modules that feature a common form factor. Telit’s pin-compatible modules enable integrators to design devices that can be deployed with different variants, leveraging the technology that is best suited to each individual deployment area or use case, both in business and technical terms.

The company has also has joined the LoRa Alliance™, which is an open, non-profit association of over 450 members in the IoT ecosystem. It was initiated by industry leaders with the mission to standardize low power wide area networks (LPWANs) being deployed around the world to enable IoT, machine-to-machine (M2M), smart city and industrial applications. As an alliance member, Telit will collaborate to enhance the LoRaWAN protocol, by sharing knowledge and experience to guarantee interoperability among operators in one open, global standard.

“We are very pleased to have Telit in the Alliance. As one of the leading solution enablers and longest standing players in the IoT space, Telit brings experience and technology that can help meet the needs of the rapidly growing LPWAN market,” said LoRa Alliance Chairman, Geoff Mulligan.

The new module is fully compliant with the latest LoRaWAN standard. It is an ideal solution for public or private networks, smart metering, remote sensing, industrial automation/monitoring and control, wireless alarm and security systems, agriculture, asset tracking, street lighting and smart city applications.

“Enabling IoT solutions from end to end is part of the Telit brand promise. That includes maintaining a strong portfolio of low power modules that is fully aligned with market trends and free of gaps in relevant technologies,” said Ronen Ben-Hamou, Telit’s EVP of Products and Solutions. “With the new RE866, a customer can re-use a device and application designed for cellular to create new business opportunities by simply dropping our LoRaWAN protocol module in it, potentially creating a new product, serving a previously unaddressed market or developing a new business model. And the same goes, of course, for our Wi-Fi, and the emerging new LTE Cat NB and Cat M modules.”

Product Detail
The RE866 combo module supports both the unlicensed LPWAN LoRaWAN standard and Bluetooth® Low Energy with NFC capabilities inside the 863-931 MHz band. It offers a long range LoRaWAN radio link as well as different BLE peripheral and central roles. With full over-the-air capabilities, the module can stay current with standards evolution through remote firmware installation and upgrading. It is a natural gateway between BLE sensor devices connected to the module, sending data to a LoRaWAN protocol network. The RE866 is pin compatible with the NE866 (LTE Cat NB) module allowing customers to move from licensed to an unlicensed standard quickly and at little or no cost. It is available in May 2017. Learn more about the new RE866A1-EU module at http://www.telit.com/sr-rf/re866/.

LANXESS successfully completes acquisition of Chemtura

· Acquisition cleared by all required regulatory authorities
· Combined additives business with annual sales of approximately EUR 2 billion is a further strong pillar in the group
· Increased footprint in the North American growth region
· Zachert: “This acquisition is another major step in our realignment process.”

Cologne – Specialty chemicals company LANXESS has successfully completed the acquisition of U.S. company Chemtura, one of the world’s leading suppliers of flame retardant and lubricant additives, earlier than originally expected effective April 21, 2017. All required regulatory authorities have cleared the transaction. Already in February 2017, Chemtura’s shareholders voted to approve the acquisition. With a total enterprise value of EUR 2.4 billion, Chemtura is the largest acquisition in the history of LANXESS. The acquisition significantly expands the company’s additives portfolio and makes LANXESS one of the world’s leading players in this growth field, which is one of the most attractive in the specialty chemicals industry. In addition to additives, Chemtura’s urethanes and organometallics businesses will be integrated into the LANXESS portfolio. The Cologne-based specialty chemicals company will absorb some 2,500 Chemtura employees at 20 sites in 11 countries worldwide. The former Chemtura businesses generate annual sales of approximately EUR 1.5 billion.

“The acquisition of Chemtura is another major step in our realignment process and a significant milestone in our course of growth. The ‘new’ LANXESS is increasingly taking shape. The expansion of the additives business gives LANXESS an additional strong pillar. In its new set-up and with an even more balanced portfolio, the company will be much more stable and profitable. At the same time, Chemtura considerably strengthens our presence in the North American growth region,” said Matthias Zachert, Chairman of the Board of Management of LANXESS AG. “We will now focus our energy on rapidly and smoothly integrating the new businesses and employees, as well as on optimally serving our new and existing customers.” Through the acquisition LANXESS increased its footprint in North America. In this region, the company is now represented at 24 production sites (previously 12) and employs approximately 2,800 staff (previously 1,500). The region’s share in global sales increases from approximately 17 percent to approximately 21 percent. The expected annual synergy effects from the transaction amount to approximately EUR 100 million with realization targeted until 2020. The acquisition of Chemtura is already expected to be accretive to LANXESS’s earnings per share in the first full fiscal year after closing. LANXESS financed the acquisition through two corporate bonds and a hybrid bond as well as cash. The bonds were successfully placed at attractive terms already in 2016.

Additives: a further strong pillar of LANXESS
Effective immediately, LANXESS will combine its entire additives business within the new Specialty Additives segment. This segment is an additional pillar in the LANXESS group, with annual sales of approximately EUR 2 billion and some 2,900 employees worldwide. The segment comprises the new Additives and Rhein Chemie business units. The combined business with flame retardant and lubricant additives is anchored in the Additives business unit, which is headed up by Anno Borkowsky. The Rhein Chemie business unit, headed up by Philipp Junge, comprises the existing rubber and color additives businesses of LANXESS.
LANXESS strengthens profitable flame retardant and lubricant additives business

LANXESS is significantly strengthening its competitive position in the area of lubricant additives and synthetic lubricants for industrial applications. “We are now one of the leading suppliers of industrial lubricants and possess an integrated value chain,” explained Anno Borkowsky. LANXESS expects medium-term growth of 3 to 4 percent annually for the industrial lubricant additives market, driven primarily by steadily increasing demands placed on lubricants as regards performance capability and environmental compatibility.

LANXESS is also significantly expanding its market position for flame retardant additives and now also operates 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 are an ideal complement for the existing LANXESS business with phosphorus-based flame retardant additives. “Flame retardance requirements are continuously rising due particularly to the trend toward energy-efficient construction. This acquisition will also make us one of the world’s leading suppliers of flame retardant additives.
As of today, we can offer our customers an array of complementary brominated and phosphorus-based products from a single source,” said Borkowsky. LANXESS also expects medium-term annual growth rates of 3 to 4 percent for the area of flame retardant additives.

New fields of business for LANXESS: urethanes and organometallics

The urethanes business is new for LANXESS. Effective immediately, it will be placed within the newly formed Urethane Systems business unit headed up by Markus Eckert. The product range includes hot- cast prepolymers, special aqueous urethane dispersions and polyester polyols. These are components of specialty polyurethanes, used primarily in the construction, mining, oil, gas, athletic equipmentand electronics industries. These plastics are used, for example, to manufacture rollers for conveyor belts or inline skates. Urethane Systems will join the existing High Performance Materials business unit of LANXESS to form the new Engineering Materials segment.

Also new in the LANXESS portfolio is the organometallics business. These are chemical compounds that are used, among other applications, as catalysts in polymers production or for the synthesis of fine chemicals and pharmaceuticals. With immediate effect, this business is being managed in the existing Advanced Industrial Intermediates business unit of LANXESS.
Please note: Financial data are based on a USD/euro exchange rate of 1.10.

Telit Hires Former SAP IoT Executive as new CMO

Telit, a global enabler of the Internet of Things (IoT), today announced that Shawn Reynolds has joined the company as Chief Marketing Officer. Mr. Reynolds comes to Telit from SAP, the world’s leader in application and analytics software and leading enterprise Cloud company, where he was global vice-president and head of IoT marketing.

As a core member of the Telit executive team, Mr. Reynolds will be responsible for directing global marketing strategy, managing brand awareness and reputation and developing global programs that drive the success of the company’s products and services in the fast-growing IoT market.

Prior to joining Telit, Reynolds led SAP IoT marketing and was instrumental in the development of the SAP IoT go-to-market strategy and the creation of the SAP Leonardo brand. He held multiple leadership positions over the last ten years responsible for marketing new and emerging technologies. He also led cloud and services marketing teams, playing an important role in defining new messaging and positioning for SAP solutions

“Shawn’s extensive marketing leadership, IoT industry insights and executive-level experience at SAP make him uniquely qualified to help guide Telit to become the global leader in enabling end-to-end IoT solutions” said Telit CEO, Oozi Cats. “We are privileged that Shawn is coming to us from SAP with whom Telit has been collaborating for a number of years on driving IoT-centered business transformation”

“I am very excited and honored to join the Telit leadership team and drive their global marketing efforts. I was drawn to Telit for its success as a pure-play IoT company, its vision and innovative spirit,” commented Shawn Reynolds. “Telit is positioned well to disrupt the market, and together with our customers, we will reshape the way the world lives, works and plays.”

The company also announced that current CMO, Jack Indekeu, is stepping down to pursue personal interests, but will remain with the company in a reduced capacity to help facilitate a seamless transition and oversee strategic marketing projects. Mr. Indekeu is a wireless industry veteran who joined Telit four years ago. He has been at the forefront of evolving Telit from a leading IoT module provider to developing our fast-growing services business and becoming an enabler end-to-end IoT solutions for enterprise customers around the world.

“We thank Jack for his many contributions to the organization and we are grateful that he’s staying with us in a senior advisory role,” concluded Mr. Cats. “Jack clearly left a positive mark on Telit and has created a strong marketing organization and a solid foundation for Shawn to build on.”

Telit Boosts Presence in India with Major R&D Center in Bangalore

Telit, a global enabler of the Internet of Things (IoT), is expanding its presence in India with a substantial R&D center in Bangalore. With the recent acquisition of Silicon Valley-based GainSpan Corporation, a wireless connectivity solution provider specializing in design and development of ultra-low power Wi-Fi technology, Telit gained about 60 software development, application and support engineers in one of India’s top high-tech regions.

The new Telit R&D center will continue working on Wi-Fi technologies for battery-powered devices along with related intellectual property (IP) in embedded software, including network stacks and application reference designs. Efforts from the Bangalore team have resulted in state-of-the-art developments in Wi-Fi and advanced security protocols, reflected in key patents that have influenced Wi-Fi industry standards. Wi-Fi is a desirable technology for IoT applications and the arrival of ultra-low-power options opens the door to a vast market of battery-powered application areas that have been protracted to date.

ABI Research forecasts the global wireless connectivity market, excluding cellular, to reach more than 10 billion annual integrated circuit shipments by 2021, with 47% of devices enabled by Wi-Fi. Wi-Fi will see its most significant growth in IoT verticals, such as wearables, automotive, the smart home, and other nascent IoT verticals that demand low power. With the new Bangalore R&D center, Telit bolsters its foothold in India and augments talent and capabilities critical to maintaining its innovation leadership edge. The strategic move will enable Telit customers to benefit from an extensive end-to-end IoT solutions portfolio, now addressing the growing market of battery-powered devices that rely on Wi-Fi and other low-power technologies.

“With the new Bangalore R&D center, we look forward to working closely with our solution partners to help our customers leverage the power of an IoT solutions portfolio that now addresses the full gamut of technologies for the growing market of battery-powered devices, including Wi-Fi, BLE and other low-power technologies,” said Ashish Gulati, Country Head, Telit India. “Access to the existing GainSpan talent at the Bangalore facility brings Telit into a leadership position in technology development capabilities. The resulting combined R&D strength helps us to deliver even more comprehensive solutions to our target segments and customers.”

The recent acquisition of GainSpan strengthens the company’s “sensor-to-cloud” solution proposition and positions Telit to better exploit new short range opportunities leveraging existing products including cellular, BT/BLE, GNSS modules; IoT connectivity and platform services. The integration of the unique variety of low-power Wi-Fi technology from GainSpan, with low standby current and fast wake-up time into the Telit portfolio enables customers to extend the battery life of their devices for years. Additionally, customer devices can be designed with a simple and inexpensive MCU or without one at all, enabling increased sales to existing customers and the capture of customers in new segments.

Second edition of RenewX commences in Hyderabad

Industry platform for the renewable energy sector in South India by UBM India

UBM India, organisers of Renewable Energy India ( REI ) Expo launched the second edition of RenewX, a two day expo ( April 7-8 ) at Hitex, Hyderabad today. The expo witnessed a congregation of South India’s green economy community to discuss industry trends, challenges and market insights. It also served as an industry platform for organisations to capitalize and penetrate into the lucrative South Indian renewable energy market.

The inaugural ceremony of RenewX 2017 took place in the presence of key dignitaries Sri Ajay Mishra, IAS, Chairman TNREDCL & Special Chief Secretary Energy ,Government of Telangana, Shri A.Sudhakar Rao , VC & MD, Telangana New & Renewable Energy Development Corporation Limited, Mr. Shantanu Jaiswal, Bloomberg New Energy Finance, Mr. Yogesh Mudras, Managing Director, UBM India and Mr. Rajneesh Khattar, Group Director, UBM India amidst an industry gathering.

The show brought together over 130 exhibitors that include manufacturers, EPCs, distributors and service providers. In its second edition, RenewX has grown in size and depth, attracting industry leaders and key exhibitors including Greenko Energy Projects Pvt Ltd, REC Solar, Cleantech Solar Energy , Amplus Energy Solutions Pvt Ltd. , Zhuhai Gmee Solar Equipment Co., Ltd, MachinePulse Tech Pvt. Ltd, Oriano Clean Energy Pvt. Ltd. Avi Solar Energy Pvt. Ltd, Brij Encapsulants, Sileaf Pvt Ltd, Relyon Solar Pvt Ltd, Hero Future Energies, Phocos India Solar Pvt Ltd.; MECO Meters Pvt Ltd.; Vision Mechatronics Pvt. Ltd, Bergen Associates, Premier Solar Systems Pvt. Ltd, Premier Solar Powertech Pvt. Ltd, Archimedes Green Energys Pvt Ltd., Greenvision Technologies , Surana Solar Ltd.; Greentek India Pvt Ltd; Radite Energy; Solar Idea Pvt Ltd.; Nuevosol Energy Pvt. Ltd.; and RenewSys India Pvt Ltd., amongst others.

This year, the expo had a dedicated China Pavilion for the first time. Chinese companies such as Sunworld Tech Corp, Ningbo Aike Electronic Technology Co. Ltd., GuangZhou Mango Energy Technology Co. Ltd, Shanghai Minjian Alu Co. Ltd, Taizhou Hangning Refrigeration Equipment Co.Ltd, amongst others provided immense value addition and intelligence sharing for visitors.

RenewX 2017 is supported by central nodal agencies such as Solar Energy Corporation of India Limited (SECI), the Indian Renewable Energy Development Agency Ltd. (IREDA), Telangana New & Renewable Energy Development Corporation Ltd (TNREDCL) and the National Small Industries Corporation (NSIC).

Adjacent to the expo, a two day conference themed “Sourcing the Sun” was held, which highlighted the needs to integrate Renewable Energy into Business. The conference focused on the best solutions and practices that could lead to an increased integration of Clean Energy into businesses. The Conference attracted over 45 Speakers and over 150 Industry delegates, the key focus was to also include and invite Industry leaders from other industries and give them a overview of Solar Industry and its potential.

Day one of the expo also saw sessions on ‘Converting Curiosity into Demand’, ‘International Perspective on the Indian Solar Rooftop Market’, ‘Sunny Side Up’ (Where the Industry Leaders shared insights on the most pressing issues in the sector), ‘Today or Tomorrow?’ (A unique session which aimed at bringing the volley of questions from the project costs to tariffs to finance that has been on the minds of each customer and technical presentations).

Day Two will see sessions on ‘Third Party Financing: Game changer for achieving the Rooftop targets?’, ‘Walking the double-edged sword: Project Financing and Risk Management in the Indian Scenario’, ‘The Inflection Point: Manufacturing Trends to enhance the efficiency of PV Cells and Cost Optimisation, a presentation on ‘Financing RE projects in India’ along with insightful technical presentations.

Speaking at the inaugural session of RenewX 2017, Mr. Yogesh Mudras, Managing Director, UBM India said, “Renewable energy is key to India’s electrification plan. Providing clean energy security has been one of the challenges our country is facing despite being endowed with numerous non-conventional energy resources. The government’s ambitious goal of achieving 175 GW of renewable power in the country by 2022 has caught global interest and will offer massive investment opportunities across the value chain. Along with other states in South India, Telangana has been playing an active role in aggressively supporting solar energy and holds promise for the sector with its profitable and favourable government and industrial policies. Consequently, the sector in the region has seen an influx of international interest and in-turn, investments leading to the launch of major projects. Against this landscape, our second edition of RenewX intends to accelerate the growth of Renewable Energy Industry in South India and contribute to the country’s sustainable economic development.”

The Document Foundation releases LibreOffice 5.3.2

The Document Foundation (TDF) releases LibreOffice 5.3.2, the 2nd minor release of the LibreOffice 5.3 family, focused on bleeding edge features, and as such targeted at technology enthusiasts, early adopters, and power users. LibreOffice 5.3.2 integrates over 50 patches, with a large number of fixes related to RTF and DOCX documents.

For all other users and enterprise deployments, TDF suggests LibreOffice 5.2.6, with the backing of professional support by certified professionals (updated list available at http://www.libreoffice.org/get-help/professional-support/).

People interested in technical details about the release can access the change log with a detailed list of all patches here: https://wiki.documentfoundation.org/Releases/5.3.2/RC1 (fixed in RC1) and here: https://wiki.documentfoundation.org/Releases/5.3.2/RC2 (fixed in RC2).

Download LibreOffice

LibreOffice 5.3.2 is immediately available for download from the following link: https://www.libreoffice.org/download/download/.

LibreOffice users, free software advocates, and community members can support The Document Foundation with a donation at http://donate.libreoffice.org.

Several companies sitting in TDF Advisory Board (http://www.documentfoundation.org/governance/advisory-board/) are providing either value added Long Term Supported versions of LibreOffice or consultancy services for migrations and training, based on best practices distilled by The Document Foundation.

Adblock Plus Parent Company eyeo Acquires Flattr

Our joint vision: User-driven, sustainable funding for the open web

eyeo, parent company of Adblock Plus, today officially announced its acquisition of Flattr, the award-winning content-funding solution that has already paid 30,000 online content creators and publishers since it was created in 2010. This follows last year’s news of the collaboration between Adblock Plus and Flattr to create a completely overhauled version of the micropayment service. It will allow users to directly and sustainably fund content they love – simply by browsing the web, without reliance on ads or paywalls. For the first time ever, users will be able to pay any website they visit with just one single account. Implemented as a browser extension, the new Flattr will completely eliminate the pain of entering payment data and check-out processes.

Peter Sunde, co-founder of Flattr commented: “Over the past 10 months, we collaborated closely and in fact, became one team with a joint vision. So it was just natural to remove the remaining structural barriers and make it official. We share almost identical values of making the internet safe and fair for everyone. We’re excited to continue our work on the Flattr project to give back control to the users of the internet. They should decide how they want to use the internet and how they want to support the content they enjoy. The internet is a decentralized network with unlimited sources of creativity. This free and open internet needs a payment option that reflects these core values.”

The core team of the original Flattr company will continue its operations with all staff members from Malmö, Sweden. Peter Sunde will act as advisor and his co-founder Linus Olsson will continue to head operation and implementation.

“At eyeo we’ve always looked for ways to make the web more fair and less annoying. We started with Adblock Plus, which helped pioneer the idea of constructive ad blocking: letting in better, more respectable ads that ad blocking users accept. Flattr makes micropayments automatic and effortless, thus it will be the most user-friendly payment solution on the internet. Together, constructive ad blocking and Flattr complete eyeo’s vision of putting users in control of an internet that is fair and still profitable,” said Till Faida, founder of eyeo, the company behind Adblock Plus.

“Over the past several months, it became very clear that we needed to go beyond a partnership and truly bring Flattr into the eyeo family. This allows us to go that extra mile and finalize our vision of enabling hundreds of millions of users to choose how they want to pay for the content they consume. This is a game-changer,” Faida added.

Users and publishers can sign up to use Flattr at https://flattr.com/beta to be among the first to test the new zero-click version of Flattr.

LANXESS invests EUR 100 million in its intermediates production network

· Business unit Advanced Industrial Intermediates expands production capacities for intermediates
· Investment program scheduled for completion by 2020

Specialty chemicals company LANXESS continues to target growth. During the next three years, its business unit Advanced Industrial Intermediates will be investing some EUR 100 million in expanding production facilities for chemical intermediates. Around EUR 40 million each will be invested in the Leverkusen and Krefeld-Uerdingen sites in the federal state of North Rhine-Westphalia. The rest will be used to expand the facilities in Brunsbüttel (federal state of Schleswig-Holstein), and Antwerp (Belgium). The expansion project is scheduled for completion by 2020.

“Organic growth is a key success factor as new LANXESS heads forward. This investment program accompanies the dynamic development of our customers and their sectors. A high proportion of the planned new capacities is already backed by customers’ orders. At the same time, we are also strengthening our sites,” said Hubert Fink, member of the Board of Management of LANXESS AG.

At the Krefeld-Uerdingen site, the plan is to expand production facilities for trimethylolpropane, hexanediol, benzylalcohol and menthols to accommodate growing demand on global markets.
Trimethylolpropane and hexanediol are important for products in the automotive, furniture and construction industries, for example.
Benzylalcohol is used in a broad range of applications e.g. Construction, Soap, Coatings, Seals & Adhesives, Agro and Pharma Besides Krefeld-Uerdingen, Lanxess manufactures Benzylalcohol at its Nagda site in India.
“Benzylalcohol is one of the key products in the business unit Advanced Industrial Intermediates’ portfolio where LANXESS holds global market leadership positions. We service customer demands around the world from our production sites at Krefeld-Uerdingen in Germany and Nagda in Madhya Pradesh, India”, said Mr. Neelanjan Banerjee, Senior Executive Director, LANXESS India Private Limited and Senior Vice President, Business Unit-Advanced Industrial Intermediates (AII).

Synthetic menthol is a key component of many aromas and pharmaceutical products. LANXESS had already started gradually increasing the capacities for these products in recent years. Now the company is planning new expansion measures. Construction work is set to commence during the coming year.

At the Leverkusen site capacity expansion for special amines is scheduled to start this year. Special amines are mainly used as intermediates for further processing and ultimately in the automotive sector.

LANXESS will considerably increase the capacity of the MEA plant at Brunsbüttel in the course of the year and will invest up to EUR 15 million for this purpose. The abbreviation MEA stands for 2-methyl-6-ethylaniline, which is required mainly as a precursor for crop protection herbicides.

At the Kallo/Antwerp site in Belgium, LANXESS will be investing a mid-single digit euro million figure to expand its production capacities for rubber chemicals.

Android overtakes Windows for first time

“Milestone in technology history and end of an era” as Microsoft no longer owns dominant OS

Android now world’s most popular operating system in terms of internet usage

San Francisco, CA and Dublin, Ireland; 3rd April, 2017: Google’s Android has overtaken Microsoft Windows for the first time as the world’s most popular operating system (OS) in terms of total internet usage across desktop, laptop, tablet and mobile combined.

The research arm of StatCounter, the independent web analytics company, finds that in March, Android topped the worldwide OS internet usage market share with 37.93%, which puts it marginally ahead of Windows (37.91%) for the first time.

“This is a milestone in technology history and the end of an era,” commented Aodhan Cullen, CEO, StatCounter. “It marks the end of Microsoft’s leadership worldwide of the OS market which it has held since the 1980s. It also represents a major breakthrough for Android which held just 2.4% of global internet usage share only five years ago.”

Cullen said that main drivers of the breakthrough were growth of smartphones to access the internet, a decline in sales of traditional PCs and the impact of Asia on the global market.

However, Windows still dominates the worldwide operating system desktop market (PC and laptop) with a 84% internet usage share in March.

“Windows won the desktop war but the battlefield moved on,” said Cullen. “It will be difficult for Microsoft to make inroads in mobile but the next paradigm shift might give it the opportunity to regain dominance. That could be in Augmented Reality, AI, Voice or Continuum (a product that aims to replace a desktop and smartphone with a single Microsoft powered phone).”

In North America Windows (all versions) maintained its lead across all platforms with 39.5% share in March followed by iOS (25.7%) and Android (21.2%). It’s a similar story in Europe where Windows (51.7%) is more than twice the level of Android (23.6%). However, in Asia, Android is on 52.2% compared to 29.2% for Windows.

OS market share map: http://gs.statcounter.com/os-market-share#monthly-201703-201703-map

LANXESS invests EUR 100 million in its intermediates production network

· Business unit Advanced Industrial Intermediates expands production capacities for intermediates
· Investment program scheduled for completion by 2020

Specialty chemicals company LANXESS continues to target growth. During the next three years, its business unit Advanced Industrial Intermediates will be investing some EUR 100 million in expanding production facilities for chemical intermediates. Around EUR 40 million each will be invested in the Leverkusen and Krefeld-Uerdingen sites in the federal state of North Rhine-Westphalia. The rest will be used to expand the facilities in Brunsbüttel (federal state of Schleswig-Holstein), and Antwerp (Belgium). The expansion project is scheduled for completion by 2020.

“Organic growth is a key success factor as new LANXESS heads forward. This investment program accompanies the dynamic development of our customers and their sectors. A high proportion of the planned new capacities is already backed by customers’ orders. At the same time, we are also strengthening our sites,” said Hubert Fink, member of the Board of Management of LANXESS AG.

At the Krefeld-Uerdingen site, the plan is to expand production facilities for trimethylolpropane, hexanediol, benzylalcohol and menthols to accommodate growing demand on global markets.

Trimethylolpropane and hexanediol are important for products in the automotive, furniture and construction industries, for example.

Benzylalcohol is used in a broad range of applications e.g. Construction, Soap, Coatings, Seals & Adhesives, Agro and Pharma Besides Krefeld-Uerdingen, Lanxess manufactures Benzylalcohol at its Nagda site in India.

“Benzylalcohol is one of the key products in the business unit Advanced Industrial Intermediates’ portfolio where LANXESS holds global market leadership positions. We service customer demands around the world from our production sites at Krefeld-Uerdingen in Germany and Nagda in Madhya Pradesh, India”, said Mr. Neelanjan Banerjee, Senior Executive Director, LANXESS India Private Limited and Senior Vice President, Business Unit-Advanced Industrial Intermediates (AII).

Synthetic menthol is a key component of many aromas and pharmaceutical products. LANXESS had already started gradually increasing the capacities for these products in recent years. Now the company is planning new expansion measures. Construction work is set to commence during the coming year.

At the Leverkusen site capacity expansion for special amines is scheduled to start this year. Special amines are mainly used as intermediates for further processing and ultimately in the automotive sector.

LANXESS will considerably increase the capacity of the MEA plant at Brunsbüttel in the course of the year and will invest up to EUR 15 million for this purpose. The abbreviation MEA stands for 2-methyl-6-ethylaniline, which is required mainly as a precursor for crop protection herbicides.

At the Kallo/Antwerp site in Belgium, LANXESS will be investing a mid-single digit euro million figure to expand its production capacities for rubber chemicals.