Issue 15/2020 - LANXESS restructures its water treatment technology business

LANXESS reorganizes its water treatment technology business

On July 20, Lanxess announced that it will reorganize its water treatment technology business to focus on ion exchange resins and expand its product line, focusing on high-end applications
.

LANXESS will sell its reverse osmosis membrane business to SUEZ as part of
the restructuring.
The two companies have signed the agreement on July 15, but did not disclose the purchase price, and the transaction is expected to close
by the end of this year.

Chang Mutian, Chairman of the Board of Management of LANXESS AG, said: "The reverse osmosis membrane business is no longer a strategic focus for
LANXESS Specialty Chemicals.
LANXESS is confident that the integration of the business into the Suez Group will receive the necessary support to fully realize its future growth potential
.
”

LANXESS will further expand its ion exchange resin business, planning to invest 800 million ~ 120 million euros in the next few years and build a new production facility
.
"We hope to increase our ion exchange resin capacity by investing to meet growing global demand
.
We are particularly looking to grow
in promising market segments.
Chang Mutian said
.
The new ion exchange resin plant is scheduled to be completed within the next five years, and LANXESS will confirm the specific site in the
near future.
LANXESS ion exchange resins are currently produced at
the Leverkusen, Bitfield and Jihagardia sites in Germany.