More news
- Axalta releases Q1 2024 results
- PPG again earns EcoVadis gold rating for sustainability practices, ranking among top 7% of...
- Baikowski® France 2030 plan winner for its innovative project to decarbonise alumina prod...
- New CEO at BASF: Martin Brudermüller hands over to Markus Kamieth
- Wacker stays below prior-year figures amid lower selling prices in Q1
Lanxess is strengthening its product portfolio for biocides to serve the megatrend urbanisation. The German speciality chemicals group has acquired Singapore-based PCTS Specialty Chemicals Pte Ltd for an undisclosed amount. PCTS specialises in biocides for environmentally friendly water-based paints and employs about 20 people at modern production and laboratory facilities close to Lanxess’ Singapore headquarters. PCTS recorded sales in the single-digit €M range in 2012, with 60% of it being generated in China.
The company was majority owned by NIPSEA Technologies Pte Ltd.