breaking news E

  • Pledges over Rs.1.60 crores under its CSR initiatives for the year 2019-2020 in Nagda
  • Projects include setting up of Drinking water storage and buses for transportation of school children and specially-abled children

India: LANXESS India Private Limited, the leading specialty chemicals company has committed itself spending Rs.1.60 crores for its CSR projects in Nagda for the year 2019-2020.

Apart from various other projects, the funds will be utilized for projects like setting-up drinking water storages in Takrawda and Bhikampur, and greening of the Chambal riverbed, a step towards increasing groundwater levels.

As per company sources, these projects are in line with LANXESS’s vision for sustainable development and a better quality of life for the people of the Nagda region.

Over the years LANXESS has contributed towards the social development of Nagda on a continual basis.

Speaking on the occasion, Neelanjan Banerjee, Vice Chairman & Managing Director, LANXESS India said, “LANXESS has always kept the interests of the people of Nagda in mind before undertaking CSR projects in the region. With our recent announcement of our commitment to Climate Neutrality by 2040, we have increased our focus on topics of environment conservation. In the coming years, you will see more such projects from LANXESS taking shape. We take immense pride in working for the betterment of the people and will continue to do so in the future.”

Commenting on the projects, Sanjay Singh, Site Head – Nagda, LANXESS India said, “These projects are in alignment with our vision of sustainable development and will help bring in a qualitative change in the lives of the residents. These projects will help us build a stronger and socio-corporate bond as we seek your support in effecting constructive change in the region. I also thank the Municipal Corporation of Nagda and the Nagda Civil Hospital for seeing merit in our efforts and partnering us.”

LANXESS is a leading specialty chemicals company with sales of EUR 7.2 billion in 2018. The company currently has about 15,500 employees in 33 countries and is represented at 60 production sites worldwide. The core business of LANXESS is the development, manufacturing, and marketing of chemical intermediates, additives, specialty chemicals, and plastics. LANXESS is listed in the leading sustainability indices Dow Jones Sustainability Index (DJSI World and Europe) and FTSE4Good.

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