New Chemical unit in Mangalore SEZ

A new production unit is likely to be set up in Mangalore SEZ by Lanxess. It is a German-based chemical company with production sites and agencies all over the world, has shown interest to invest in the Mangalore SEZ (special economic zone). The SEZ Tne new unit is to be established on 100 acres of land in the SEZ, with employment opportunities for 1,000 people in the first phase.