Lanxess wins €200m EIB backing

9-Sep-2011

Ingredients

Support for R&D in sustainable products

The European Investment Bank (EIB) is investing €200m into German speciality chemicals company Lanxess to help it research and develop sustainable products and production.

The seven-year loan will help the personal care product company supplier optimise existing products’ quality and environmental impact, develop new products and boost its energy efficiency.