LANXESS’ BU MPP turnover multiplies almost four times in 10 years

30 Jul 2022 CW Team

Specialty chemicals company, LANXESS, has around 15,100 employees in 33 countries. The Germany-based company’s expertise lies in producing, developing, and marketing chemical intermediates, additives, specialty chemicals and plastics. Incorporated in India in 2004, LANXESS is represented through all its 11 business units with around 1,000 employees across its operations. Vinod Agnihotri, Vice President-Asia Pacific, BU MPP and Managing Director, LANXESS ASEAN, has been with the company for more than 12 years managing its Materials Protection Products business unit (BU MPP) for Asia Pacific. Based in Singapore, he oversees the MPP business operations across the region. He shares more on the LANXESS India experience, focus and growth in tête-à-tête with SHRIYAL SETHUMADHAVAN.

How important is India for the overall business of the group company?
Asia contributes significantly towards our global sales. Two countries within Asia where LANXESS has a prominent network is…

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Infrastructure Energy

14 Oct 2025

Mizoram To Build Rs 139 Billion Pumped Storage Power Plant

Mizoram Chief Minister Lalduhoma on Friday announced plans to construct a 2,400 MW pumped storage hydroelectric power plant in Hnahthial district, marking a major step towards achieving energy self-sufficiency in the state. Addressing the Mizo Students’ Union general conference in Hnahthial town, the Chief Minister said the plant would be developed across the Darzo Nallah, a tributary of the Tuipui river. Once operational, the project is expected to play a pivotal role in meeting Mizoram’s rising electricity demand and reducing dependence on imported power. Officials from the State Power..

Centre Plans Nationwide Opening Of Power Retail Market

India is preparing to open up its retail electricity market to private companies nationwide, effectively ending the long-standing monopoly of state-run power distributors in most regions, according to a draft bill released by the Union Power Ministry on Friday. The move will enable major private sector players — including Adani Enterprises, Tata Power, Torrent Power, and CESC — to expand their presence across the country’s electricity distribution landscape. A similar reform attempt in 2022 had faced strong opposition from state-run distribution companies (discoms), which currently dom..

CEA Sets 100 GW Nuclear Target For India By 2047

In a landmark step marking its 52nd Foundation Day, the Central Electricity Authority (CEA) unveiled an ambitious roadmap to develop 100 gigawatts (GW) of nuclear power capacity by 2047, aligning with India’s long-term Net-Zero commitment and energy security objectives. The event, held at the Central Water Commission auditorium in New Delhi’s R.K. Puram, was attended by Pankaj Agarwal, Secretary, Ministry of Power, who served as the Chief Guest. The roadmap sets out a detailed plan to expand India’s nuclear capacity from its current level of approximately 8,180 MW as of early 2025, outl..