The Valencian chemical company opens a plant in Germany

On the verge of celebrating its 50^th anniversary, Laiex signed an agreement for its new chemical plant in Recklinghausen, North-Westphalia, Germany on Thursday. Through a 50% collaboration agreement, Laiex is positioning itself in the European market hand in hand with the German company König Ludwig Beteiligungsgesellschaft mbH. The joint venture starts the production and manufacturing of polymer dispersions in the production plant located in the field of operations. The multinational, with 100% Valencian capital and plants in Brazil and Valencia, thus increases its production capacity by 140%, reaching its strategic production and distribution channel in Central Europe.