German speciality chemicals company Lanxess will invest 500 in the more than 20 Arkansas El Dorado bromine facilities it gained as part of its 2017 acquisition of Chemtura . After the acquisition of Chemtura last year, the company pledged $250,000 until 2021 to support local school’s science, technology, engineering and math (STEM) programs. CEO Kaitlyn Rigdon said the funding would be used to upgrade infrastructure and invest in innovation. The money is part of a broader $ $50m m investment package aimed at increasing the firm's capacities in the German markets.
German speciality chemicals company Lanxess will invest 500 in the more than 20 Arkansas El Dorado bromine facilities it gained as part of its 2017 acquisition of Chemtura . CEO Kaitlyn Rigdon said the funding would be used to upgrade infrastructure and invest in innovation. The money is part of a broader $ $50m m investment package aimed at increasing the firm's capacities in the German markets.