Specialty chemicals group Lanxess AG is stepping up its research and development activities. Around 200 experts from the company will present their latest projects at the company’s second Innovation Day.

“Innovation is an essential prerequisite if the company is to achieve sustainable long-term success, especially in these difficult economic times. That’s why we’ve increased this year’s investment budget to around EUR 110 million, up 10% on 2008,” said management board member Werner Breuers.

Its leather business unit will present a new technology on the day that provides leather with long-term protection against soiling. The new water-based product range makes leather resistant to cleaning without affecting key functional properties.

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