Mumbai News Network Latest News: LANXESS India

Monday, 30 March 2020

LANXESS INDIA DONATES DISINFECTANTS TO THANE MUNICIPAL CORPORATION

Photo Caption: Neelanjan Banerjee, vice chairman and managing director, LANXESS India donating Rely+On Virkon to Thane Municipal Corporation in presence of Deputy Municipal Commissioner Ashok Chandarrao Burpalle ( 4th from left)

LANXESS India donating Rely+On Virkon to Thane Municipal Corporation in presence of Deputy Municipal Commissioner Ashok Chandarrao Burpalle ( 4th from left)

· Rely⁺On^™ Virkon^™ inactivates coronavirus quickly

· Helps to reduce cross contamination of COVID-19

Thane, March 30, 2020 - To help fight the current COVID-19 pandemic in India, specialty chemicals company LANXESS India has donated its highly effective Rely⁺On^™ Virkon^™ disinfectant to Thane Municipal Corporation (TMC) to reduce the cross contamination of COVID-19 in civic hospitals and other establishments.

Rely+On™ Virkon™ inactivates coronavirus quickly

With regard to the current global Coronavirus situation, independent tests have proven that Rely⁺On™ Virkon™ quickly inactivates a closely related surrogate of the currently spreading coronavirus strain. From these tests it can be concluded that Rely⁺On™ Virkon™ would also be effective against SARS-CoV-2 which is causing the current COVID-19 epidemic.

The independent test results indicated that Rely⁺On™ Virkon™ achieved inactivation of the coronavirus strain at a 1:100 dilution rate with a 10-minute contact time. This corresponds to test conditions required by the U.S. Environmental Protection Agency (EPA) and proves the performance and suitability of Rely⁺On™ Virkon™ for practical use.

Rely⁺On™ Virkon™ is diluted for application and sprayed on hard surfaces and equipment. It can therefore help to reduce the risk of cross contamination from surfaces, door handles, tables or chairs during disinfection measures at public transport terminals, airports, hospitals, clinics, shopping malls, etc.

Due to this wide application range, there has been a significant increase in demand from the Indian industry as many private hospitals and several corporations have placed significant orders of the disinfectant in their own efforts to limit the spread of the disease in their organizations.

Neelanjan Banerjee, Vice Chairman and Managing Director, LANXESS India commented, “We are working concertedly to ensure that our production and logistics capacities are optimally aligned to cater to the surge in demand for Rely⁺On Virkon. We are committed to fully utilize our product expertise to help fight the spread of COVID-19.”

About LANXESS

LANXESS is a leading specialty chemicals company with sales of EUR 6.8 billion in 2019. The company currently has about 14,300 employees in 33 countries. The core business of LANXESS is the development, manufacturing and marketing of chemical intermediates, additives, specialty chemicals and plastics. LANXESS is listed in the leading sustainability indices Dow Jones Sustainability Index (DJSI World and Europe) and FTSE4Good.

India - March 27, 2020

Forward-Looking Statements

This company release contains certain forward-looking statements, including assumptions, opinions, expectations and views of the company or cited from third party sources. Various known and unknown risks, uncertainties and other factors could cause the actual results, financial position, development or performance of LANXESS AG to differ materially from the estimations expressed or implied herein. LANXESS AG does not guarantee that the assumptions underlying such forward-looking statements are free from errors nor does it accept any responsibility for the future accuracy of the opinions expressed in this presentation or the actual occurrence of the forecast developments. No representation or warranty (expressed or implied) is made as to, and no reliance should be placed on, any information, estimates, targets and opinions, contained herein, and no liability whatsoever is accepted as to any errors, omissions or misstatements contained herein, and accordingly, no representative of LANXESS AG or any of its affiliated companies or any of such person's officers, directors or employees accept any liability whatsoever arising directly or indirectly from the use of this document.

Information for editors:

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Tuesday, 28 May 2019

LANXESS India adds to employability through its vocational skill centre

· Commits INR 1.5 crores for 3 years for the project

· Project currently being conducted successfully in Thane

· LANXESS B-ABLE Skill Centre to train candidates in Jhagadia and Nagda in the next two years

Thane, 28 May, 2019 – LANXESS India Private Limited has established a skill development centre in Thane as part of its Corporate Social Responsibility programme to provide training to aspiring candidates looking for suitable employability. The LANXESS B-ABLE SKILL CENTRE in Thane has been set up in association with BASIX Academy for Building Lifelong Employability Limited (B-ABLE) who is the implementation partner for the project.

The project which started in January, 2019 is focused on providing skill development training for the youth who are unskilled, semi-skilled, school drop outs and come from the underprivileged sections living in the periphery of Thane. LANXESS India has funded the project to skill youth, especially unemployed youth from marginalized communities. The candidates who are from BPL (Below Poverty Line) families have been targeted under this training program. The training skills the youth and provides sustainable livelihood.

This program has been designed for 3 years starting from Thane in the first year, Jhagadia in the second and Nagda in the third year with nearly 125 candidates being trained each year. The project is being implemented by BASIX Academy for Building Lifelong Employability Limited (B-ABLE).

After an on-ground survey in Bhiwandi in Thane, it was found that the two most popular employability choices for the local youth with lower academic qualification were that of call centre executives and sewing machine operators. Taking a lead from the survey conducted by B-ABLE, LANXESS financially supported the project.

The first batch of 56 candidates has successfully completed its course and a total of 24 candidates have been placed with different companies while 18 candidates from the sewing machine course have setup their own tailoring jobs.

Commenting on the project, Neelanjan Banerjee, Vice Chairman and Managing Director, LANXESS India said, “Lack of higher education due to any reason should not be a hindrance in employability opportunities for the underprivileged youth of our nation. Through this project we have attempted to provide skills to such youth that will help them sustain a decent livelihood. We see this project as a small gesture in contributing positively to the country’s skill development goals.”

D Sattaiah, CEO & MD of B-ABLE said, “It is a gratifying experience to see these young boys and girls becoming self-confident and securing gainful employment with our training. We are fortunate to have partnered with LANXESS for this extremely productive and positive skill development programme. I am sure we will do exceedingly well going ahead, also.”

For the Jhagadia and Nagda projects, surveys will be conducted to ascertain the type of training required in the selected areas and suitable courses will be designed for the same.