By: ICN Bureau
Last updated : January 23, 2021 8:07 am
Expects to integrate the new product portfolio within a short period of time
Specialty chemicals company LANXESS is expanding its position as one of the world's leading manufacturers of biocides and antimicrobials by acquiring French company INTACE SAS, a manufacturer of specialty fungicides for the packaging industry.
“With the acquisition of INTACE, we are strengthening our biocide technology platform for packaging and labels in the consumer goods industry. We are also following a trend: plastics are more and more being replaced by paper in packaging,” said Nicolas Gallacier, Head of Marketing Industrial Preservation & Coatings at LANXESS’ Material Protection Products business unit.
“We expect to integrate the new product portfolio within a short period of time. INTACE's strong customer network can soon benefit from LANXESS’ global footprint and regulatory expertise,” said Oliver Kretschik, Vice President of the Biocides business line at LANXESS’ Material Protection Products business unit.
The LANXESS Material Protection Products business unit employs around 660 employees and has production sites in Krefeld-Uerdingen and Dormagen (Germany), Sudbury (Great Britain), Pittsburgh and Memphis (USA), Jarinu (Brazil), Jhagadia (India), Changzhou (China) and Singapore.