Lanxess has announced that it is focusing its water treatment technologies business on the ion exchange (IX) resins business and will build a new plant. As a result, it is selling its reverse osmosis (RO) membranes business to Suez of France, on undisclosed terms. This should be concluded within 2020.
Lanxess has agreed to acquire Itibanyl Produtos Especiais (IPEL), a family-owned company based at Jarinu, São Paulo.
Lanxess has set itself a goal of eliminating its greenhouse gas emissions, currently 3.2 million tonnes/year of CO2 equivalent, by 2040.