Saltigo Plans $65 Million ExpansionBy
Lanxess, the specialty chemical parent company of Saltigo, a custom manufacturer of fine chemicals for the pharmaceutical and agrochemical industries, is investing approximately EUR 60 million ($65 million) to expand the production facilities of Saltigo in Leverkusen, Germany. The investment represents the single largest investment in Saltigo since it was founded as a fine chemicals company in 2006.
Saltigo will use a large share of this investment to add further reactors to its existing multi-purpose facilities and to construct two new solids isolation and drying lines. In addition, it will ensure a more efficient raw material and solvent supply of the production facilities through the installation of a new container warehouse next to the plant. Planning also leaves scope for further expansion of this storage capacity. The complete facility will be equipped with a modern new process control system to combine the highest possible qualitative requirements with maximum productivity.
The construction launch is scheduled for the middle of next year. Production should start at the end of 2017. The expansion should create 10 new jobs.
With this investment in Leverkusen, Lanxess is strengthening its biggest production site for the agrochemicals market. More than a third of the company's plants there manufacture products that are used in agriculture following further processing by agrochemical companies.