Mumbai, India (PressExposure) January 11, 2010 -- Specialty chemicals group LANXESS has acquired the NipacideÂ® PTAP product line from Clariant effective January 1, 2010. The active ingredient p-tert-amylphenol (PTAP) complements the phenolic active ingredients portfolio of LANXESSâ Material Protection Products (MPP) business unit. âThe acquisition of the PTAP business strengthens our position as the leading supplier of phenolic active ingredients to the disinfection market,â says Dr. Torsten Derr, head of the MPP business unit. The parties have agreed not to disclose financial details of the transaction.
LANXESS will market the active ingredient under the tradename PreventolÂ® PTAP. It can be used alone or in combination with ortho-phenylphenol (PreventolÂ® O extra) and chlorophen (PreventolÂ® BP), which are also marketed by MPP, in hospital, household, industrial and veterinary disinfectants.
The Material Protection Products business unit belongs to the Performance Chemicals segment, which achieved total sales in fiscal 2008 of EUR 1,930 million.
Leverkusen, January 6, 2010 bol (2010-00010e)
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