Specialty chemicals company Lanxess is expanding its production capacity for the industrial chemical benzyl alcohol for the global market by around 30 per cent.
The two-stage expansion of the plant at the German site in Krefeld-Uerdingen is scheduled for completion by the end of 2019, said a company statement.
A low double-digit million euro sum will be spent on the conversion measures.
In addition, the Advanced Industrial Intermediates (AII) business unit has expansion plans for its Indian site in Nagda.
Several process improvements have already led to an increase in benzyl alcohol capacity there in recent years.
Michael Ertl, head of benzyl products and inorganic acids business line at AII, said: “With our two sites in Germany and India and the planned expansions, we are well positioned to meet the growing demand from our customers.”
“We are well equipped to serve both global groups with locations around the world and small and medium-sized companies worldwide,” he added.
Benzyl alcohol from Lanxess is used in a variety of different applications, for example as a solvent for coatings, colour pastes and construction chemicals, as a high-purity preservative for injection solutions and cosmetics, and as a synthetic chemical. Other applications include adhesives, plastics, textile auxiliaries, fragrances and flavourings, and agricultural chemicals. In the European Union, benzyl alcohol is approved as a food additive with the number E 1519 for the production of flavours for certain beverages, confectionery and bakery products. – TradeArabia News Service