MUMBAI (Commodity Online): Specialty chemicals major, Lanxess has acquired the the PTAP product line from Clariant effective January 1, 2010. The active ingredient p-tert-amylphenol (PTAP) complements the phenolic active ingredients portfolio of LANXESS' Material Protection Products (MPP) business unit. "The acquisition of the PTAP business strengthens our position as the leading supplier of phenolic active ingredients to the disinfection market," says Dr. Torsten Derr, head of the MPP business unit. The parties have agreed not to disclose financial details of the transaction.

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LANXESS will market the active ingredient under the tradename Preventol PTAP. It can be used alone or in combination with ortho-phenylphenol (Preventol O extra) and chlorophen (Preventol BP), which are also marketed by MPP, in hospital, household, industrial and veterinary disinfectants.

The Material Protection Products business unit belongs to the Performance Chemicals segment, which achieved total sales in fiscal 2008 of EUR 1,930 million. (IndiaPRwire)

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