Rhein Chemie

New Vice President of Sales and Marketing for Rhein Chemie Corporation

New Vice President of Sales and Marketing for Rhein Chemie Corporation

Thursday, 30. October 2008 Hector Diaz-Stringel now leading business development for rubber and plastics divisions.

On July 1, 2008, Hector Diaz-Stringel took over as Vice President of Sales and Marketing for the Rubber and Plastics Divisions of Rhein Chemie Corporation.  Reporting directly to Rhein Chemie Corporation President Ed Klavin, he is responsible for rubber and plastics sales, marketing, product management and business development.

“I’m very pleased to welcome Mr. Diaz-Stringel to the business side of our organization,” said Ed Klavin, Rhein Chemie Corporation President.  “His previous leadership experience has enabled him to hit the ground running in his new position, and I’m confident he will lead the Sales and Marketing team to much success.”

Diaz-Stringel has been with Rhein Chemie since 2003, serving as the site manager for the company’s Chardon, Ohio and U.S headquarters.  As site manager, he was responsible for all manufacturing and support operations, as well as coordinating all cross-functional activities to ensure site goals were achieved.  Prior to joining Rhein Chemie, he held positions in process and project engineering as well as 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 Monterreyand his master’s degree in Business Administration from Kent University.

About Rhein Chemie

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, plastics, and polyurethane 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, 30. October 2008
bit (2008-10-913EN)

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.