Rhein Chemie

New President and General Manager for Rhein Chemie Corporation: Hector Diaz-Stringel named President of Rhein Chemie Corporation

New President and General Manager for Rhein Chemie Corporation: Hector Diaz-Stringel named President of Rhein Chemie Corporation

Friday, 23. January 2009 Hector Diaz-Stringel has been named President and General Manager of Rhein Chemie Corporation. Hector will be responsible for the Rhein Chemie North American operations and administration offices located at Chardon, Ohio.

Most recently, Hector worked as Vice President of Sales and Marketing for the Rubber and Plastics Divisions of Rhein Chemie Corporation.

Diaz-Stringel has been with Rhein Chemie Corporation since 2003.  Prior to joining Rhein Chemie, he held positions in process and project engineering and project management for Akra – Fibras Quimicas and Mabe Estufas, and in operations management for Specialty Minerals, Inc. He received his undergraduate degree in chemical engineering and management from Instituto Tecnológico y de Estudios Superiores de Monterrey and his master’s degree in Business Administration from Kent University.

Rhein Chemie Corporation together with its affiliates has had a successful track record in customized additives and service products stretching back over 100 years. The approximately 850-strong workforce produces and sells products for various sectors of the rubber, lubricant and plastics industries worldwide. The company is headquartered in Mannheim-Rheinau, Germany, and has subsidiaries and production facilities in Europe, Asia, and North and South America. Rhein Chemie is an affiliate of LANXESS Deutschland GmbH, Leverkusen, Germany.

Chardon, 23. January 2009
bit (2009-01-901EN)

Forward-Looking Statements

This news release contains forward-looking statements based on current assumptions and forecasts made by the management of Rhein Chemie Rheinau GmbH. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of our sole stockholder LANXESS Deutschland GmbH and the estimates given here. These factors include those discussed in LANXESS AG’s reports to the Frankfurt Stock Exchange. LANXESS AG and Rhein Chemie Rheinau GmbH assume no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.