Specialty chemicals group LANXESS is responding to strong global demand for menthol by investing in the expansion of its menthol production facilities.
Synthetic menthol is a key component of numerous aromas and pharmaceutical products.
LANXESS synthetic menthol is a premium product and sets global standards for purity.
In collaboration with global flavor and nutrition specialists Symrise, LANXESS is the world’s leading manufacturer of synthetic menthol and thymol.
Initial planning work on the expansion of the hydrogenation facility in Singapore has begun.
The project is due to be completed during the first half of next year.
LANXESS supplies Symrise with menthol and the menthol precursor thymol in the full range of grades.
Symrise turns these products into scents and flavorings for use in oral hygiene applications and products such as chewing gum and lollies.
High-grade menthol is also used in cosmetics and numerous pharmaceutical products, including sport balms that have a cooling effect to help ease painful injuries.
LANXESS also recently announced it will build a production plant for the formalin needed to make trimethylolpropane (TMP). The applications of this trivalent alcohol include numerous products used in the furniture, construction and automotive industries.
The company will invest about $55 million in the construction of the new formalin plant and expansion of menthol production.
The new formalin plant, with a strong focus on sustainability, is due to begin operations at the end of the year.
LANXESS is a leading specialty chemicals company with sales of EUR 5.06 billion in 2009
and currently around 14,700 employees in 24 countries, including Australia. The company is represented at 45 production sites worldwide.
The core business of LANXESS is the development, manufacturing and marketing of plastics, rubber, intermediates and specialty chemicals.
“By investing in formalin and menthol, LANXESS is responding to the megatrends of mobility, urbanization and nutrition – issues that will play a key role in our future lives all over the world,” said LANXESS AG Board of Management member Werner Breuers.