Specialty chemicals company LANXESS completed the sale of its reverse osmosis membrane business. The business was acquired by French group SUEZ, a world leader in sustainable resource management. The parties have agreed not to disclose the purchase price.
Thus, as of January 1, 2021, the production plant as well as the research facilities in Bitterfeld, Germany, including all employees were transferred to SUEZ.
by ChemEurope.com
Source: chemeurope.com
The total contract value is approximately €430 million. The project scope of work entails complete engineering services, equipment and material supply, installation and construction activities and, as an optional part of the scope, commissioning and start up.
Once it has implemented this project, Lenzing will have biological wastewater treatment plants that meet the best available techniques (BAT) quality standard at all its production sites.
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