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Saltidin in High Demand
Given the big increase in demand for the insect repellent active ingredient Icaridin (brand name Saltidin) in recent weeks, especially in Brazil, Saltigo has ensured supplies by introducing various measures to nearly double capacity at its Dormagen site. The Zika virus is spreading particularly rapidly in this South American country and is suspected of causing malformations in unborn children. If trips to affected areas are essential, the CDC (Centers for Disease Control and Prevention) in the United States recommend insect repellents, including ones containing the active ingredient Icaridin, for pregnant women and nursing mothers.
Icaridin is used by numerous manufacturers worldwide in insect repellents. As recently as mid-February, Saltigo announced that sales of this product were expected to be 50 percent higher than in 2015. In order to ensure the global demand is met over the long term, Saltigo is soon planning additional investments in the further expansion of capacities.
Saltigo Managing Director Hands Over the Reins
April 1, 2016 marks the start of another new chapter in Saltigo’s history. Exactly 10 years after the very day the company was founded, Torsten Derr, currently Head of the Lanxess Board of Management’s Commercial & Supply Chain Excellence Initiative, will take over as Chief Executive Officer of Saltigo GmbH. Wolfgang Schmitz, who has been in charge of the company since 2007, will be retiring after a 41-year career in the chemical industry. Derr announces: “Saltigo will continue to play a leading role in the exclusive synthesis of agrochemicals and fine chemicals. With our expertise, flexibility, innovative strength and successful project management, we will maintain and build on our market position by continuing to create added value for our customers.”
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