Rhein Chemie

Rhein Chemie Awards Scholarships to Students Studying Rubber and Plastics at Ferris State University – Company facilitates student growth in the polymer industry

Rhein Chemie Awards Scholarships to Students Studying Rubber and Plastics at Ferris State University – Company facilitates student growth in the polymer industry

Thursday, 24. April 2008 Rhein Chemie Corporation is proud to announce the fourth year of the Rhein Chemie Scholarship Endowment Fund for students at Ferris State University (FSU) in Big Rapids, MI. Four individual scholarships will be awarded to talented FSU students in the rubber and plastics fields.

Chardon, OH Rhein Chemie Corporation is proud to announce the fourth year of the Rhein Chemie Scholarship Endowment Fund for students at Ferris State University (FSU) in Big Rapids, MI. Four individual scholarships will be awarded to talented FSU students in the rubber and plastics fields.
Rhein Chemie has long set a goal to aid the future growth of the polymer industry, which contributes to the long-term value and necessity of manufacturing businesses. Keeping this goal in mind, the Rhein Chemie Scholarship Endowment Fund was established in October 2005, awarding scholarships to rubber engineering and technology students only. However, beginning this year, Rhein Chemie has expanded the program criteria to also include plastics curriculums. The scholarships reward students involved in the rubber and plastic programs, and provide financial support to students in need.

“As an organization we strongly believe in investing in the future,” said Bruce Ernst, vice president of Sales and Marketing at Rhein Chemie. “By actively promoting and supporting youth involved in the rubber and plastics industries, we can once again provide a service to our customers unrivaled by our competitors.”

In recognition of its student involvement with FSU, Rhein Chemie will be inducted into the university’s National Elastomer Center’s “Wall of Fame.” Dedicated in 1998, FSU’s National Elastomer Center houses both the rubber and plastics departments. The 28,000 square foot facility houses state-of-the art labs, classrooms and faculty offices that accommodate both the rubber and plastics engineering technology programs.

About Rhein Chemie
Rhein Chemie is a chemicals company which 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 a wholly owned subsidiary of LANXESS Deutschland GmbH, Leverkusen, Germany.

Chardon, 24. April 2008
bit (2008-04-903EN)

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.