LANXESS starts new lubricant additives production plant in India, ties up with IOCL

 LANXESS, a specialty chemicals German company, inaugurated a new blending plant at its chemical manufacturing site in Jhagadia, Gujarat, at an investment of ₹150 crore.

As part of the first phase of development, the facility will manufacture specialty lubricant additives. The facility will primarily cater to customers across India, the Middle East, and other key global markets.