en.Wedoany.com Reported - Specialty chemicals company LANXESS has inaugurated a lubricant additive blending plant at its chemical site in Jhagadia, Gujarat, India. The first phase will produce specialty lubricant additives, serving markets in India, the Middle East, and other global regions. The plant's construction emphasizes safety, energy efficiency, and environmentally friendly practices.
At the inauguration ceremony, Neelanjan Banerjee, Senior Vice President and Global Head of LANXESS's Lubricant Additives business unit, stated: "India is the world's third-largest lubricant market and a key growth region for us. We established our Application Technology Center in 2025, and the new plant is the next milestone, as well as a strong testament to the 'Make in India' initiative." The company also signed a Memorandum of Understanding with Indian Oil Corporation Limited to introduce its technology and has initiated third-party manufacturing activities.
Banerjee explained that LANXESS products cover sectors including automotive, railway, marine, aviation, as well as chemical and food industries. The company produces 450 products across 13 global production sites, supplying 740 enterprises in 85 countries. The new plant will enhance localized service capabilities, supporting stable delivery and rapid response.
Dr. Hubert Fink, Member of the Board of Management of LANXESS AG, said: "India is at the forefront of global economic growth, and LANXESS is committed to deepening its presence in India, aligning its long-term strategy with India's potential." He noted that the company is working towards its climate neutrality goal by 2040, with faster growth in the Asia-Pacific region in 2025 and high growth also achieved in India. The new plant reaffirms LANXESS's long-term commitment to India as a strategic growth engine, supporting global transportation and industrial applications.
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