Lanxess Discontinues Plan to Sell Chromium Oxide Pigments in Germany

Ongoing Production Lanxess Discontinues Plan to Sell Chromium Oxide Pigments in Germany

2024-08-26 Source: Press release Lanxess 1 min Reading Time

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Lanxess has gone ahead and continued with the production of chromium oxide pigments at its Krefeld-Uerdingen site in Germany. With this, the company has discontinued its original plans to sell the business.

Lanxess is continuing the production of chromium oxide pigments at the Krefeld-Uerdingen site and is discontinuing its original plans to sell the business.(Source: Lanxess) — Lanxess is continuing the production of chromium oxide pigments at the Krefeld-Uerdingen site and is discontinuing its original plans to sell the business.
(Source: Lanxess)

Cologne/Germany – Lanxess is continuing the production of chromium oxide pigments at the Krefeld-Uerdingen site and is discontinuing its original plans to sell the business. Around 50 people are employed at the plant for chromium oxides, which are used in energy-intensive industries such as ceramics, the production of fireproof materials and in color applications.

“After intensive and lengthy negotiations, we have secured a long-term supply of raw materials for the company. We were also able to identify further potential for improvement along the entire value chain. This has improved the framework conditions for the chromium oxide business, enabling us to continue operations,” said Matthias Zachert, Chairman of the Board of Management of Lanxess. “I am particularly pleased that we will be able to retain the employees of the plant within the Group.”

Chromium oxide pigments are particularly heat-stable and are used for coloring glazes or enamels in the ceramics industry and for the production of refractory bricks. Chromium oxides are also used to color a wide variety of materials.

(ID:50141040)

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