Lanxess to acquire Solvay phosphorus unit | November 20, 2017 Issue - Vol. 95 Issue 46 | Chemical & Engineering News
Volume 95 Issue 46 | p. 12 | Concentrates
Issue Date: November 20, 2017

Lanxess to acquire Solvay phosphorus unit

Department: Business
Keywords: Mergers & acquisitions, flame retardants, phosphorus

Lanxess has agreed to purchase Solvay’s U.S. phosphorus chemicals business. The main asset involved is a plant in Charleston, S.C., that employs 90 people and makes phosphorus chloride as well as derivatives such as agrochemical intermediates and flame retardants. Annual sales are about $75 million. Lanxess purchased a major flame retardants maker, Chemtura, in April.

 
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