PITTSBURGH — Specialty chemicals company LANXESS is strengthening its presence in the growth market of North America with a comprehensive investment program. The company plans to invest up to $580 million in its asset base in North America until 2022.
“North America, and in particular the U.S., is a key growth market for LANXESS, where we have enlarged our footprint significantly with our recent acquisitions. Now we plan to upgrade our asset base there in order to leverage on its full potential,” said Matthias Zachert, Chairman of the Board of Management of LANXESS, during a U.S. visit.