LANXESS India wins the TRILA Award
by Shrutee K/DNS
Mumbai – Specialty
chemicals company LANXESS LANXESS India has once again won the Company of the
year Award under the Rubber Chemicals category in the recently held Tyre &
Rubber Industry Leadership Acknowledgement (TRILA) awards in Chennai on 12th
July, 2017. LANXESS India had won this recognition in the year 2016, as well.
Dr.
Arup Kumar Chandra, Head Special Projects – Apollo Tyres Limited, presented the
award to Neelanjan Banerjee, Senior Executive Director, LANXESS India and
Senior Vice President BU – Advanced Industrial Intermediates. Receiving
Presented
by Tyre Times, the TRILA awards endeavour to felicitate the talent in the tyre
industry for their achievements and excellence on various fronts.
The
awards were lent credence by industry stalwarts who comprised the jury. It
included representatives from Tyre Industry Research, UK, Elastomer Technical
Development Society, Apollo Tyres Ltd., JK Tyres & Industries Ltd., CEAT
Ltd., Nippon Carbide and Vizeum (a unit of Dentsu Aegis).
Business unit Advanced Industrial
Intermediates, deservedly, won the award as it showed a significant rise in its
production capacity, sales and market share over the year. In the past year,
the BU AII also doubled production permits for Antioxidants at Jhagadia site
from 7,500 MT/annum to 15,000 MT/annum. The team not only sold out the Jhagadia
production but also supplemented sales from our sites in Bushy Park(US), Kallo (Belgium) &
Brunsbüttel (Germany).
Over
the past two years the BU AII was able to penetrate into all major tyre
accounts in India and develop a lot of new business which was the principal
growth driver for this business in India.
“It is great to have been recognized for the second time consecutively,
with this award. I would like to thank the entire team that relentlessly worked
towards taking the business to the levels where we are today”, said Banerjee
while thanking all the customers and stakeholders for their support over the
past years that has seen the business line AXX achieve higher production &
sales in almost all the products.
While he also thanked the organizers, Tyre Times and the esteemed jury, he further added, “The industry has taken notice of the way our business has developed in India in the past year and we have planned further expansions at Jhagadia. Needless to mention, our best efforts to further increase business / market share in our Global Product Portfolio of the BL AXX will continue unabated.”
While he also thanked the organizers, Tyre Times and the esteemed jury, he further added, “The industry has taken notice of the way our business has developed in India in the past year and we have planned further expansions at Jhagadia. Needless to mention, our best efforts to further increase business / market share in our Global Product Portfolio of the BL AXX will continue unabated.”
Commenting on the win, Dirk
Van Meirvenne, Global Head of BU AII, said, “This award demonstrates our
competitiveness in the growing and important market of India and echoes
excellently BU AII’s ambition to grow its
business as a global player in chemical intermediates.“

I have just started learning Value investing... Really its a great information. Thanks for sharing.
ReplyDeleteBeekay Steel Industries Limited
Beekay Niryat Limited
Bedmutha Industries Limited
BDH Industries Limited
Great Work! Thanks for sharing valuable information. You may also check
ReplyDeleteBhagwati Autocast Share Price
Bhagiradha Chemicals & Industries Share Price
Bhagyanagar India Stock Price
Bhagyanagar Properties Stock Price