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Business
Lanxess to trim chrome chemicals
by Michael McCoy
June 26, 2017
| A version of this story appeared in
Volume 95, Issue 26
Lanxess plans to improve the profitability of its chrome leather tanning chemicals business by closing its chromium salts plant in Zárate, Argentina, and concentrating production at sites in Newcastle and Merebank, South Africa, near chromium ore sources. Lanxess says the move will cost close to $70 million and affect 170 employees but save about $10 million annually. Lanxess calls itself the only company to supply both chromium tanning salts and organic leather-treating chemicals.
The power is now in your (nitrile gloved) hands
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