Rhein Chemie

Rhein Chemie celebrates anniversary at Qingdao site – Rhein Chemie has been producing innovative additives and service products for the rubber industry in China for 10 years

Rhein Chemie celebrates anniversary at Qingdao site – Rhein Chemie has been producing innovative additives and service products for the rubber industry in China for 10 years

Tuesday, 07. July 2009 On July 3, 2009, Rhein Chemie (Qingdao) Ltd. celebrated 10 years since the start-up of production in Qingdao, China. In this eastern port city, the company manufactures additives and service products for rubber processors in China.

On July 3, 2009, Rhein Chemie (Qingdao) Ltd. celebrated 10 years since the start-up of production in Qingdao, China. In this eastern port city, the company manufactures additives and service products for rubber processors in China.

“China is an important market for us. Our goal is continued profitable growth, and our production facility in Qingdao is well-equipped to achieve it,” says Dr. Anno Borkowsky, CEO and President of Rhein Chemie. The company has built up a good infrastructure there, including laboratories, and has an experienced team. “We are continuously optimizing our service portfolio and responding quickly to market opportunities, even in fields of activity outside the rubber industry. Late last year, for instance, the newly established Rhein Chemie LOA (Qingdao) Ltd. began producing industrial lubricant additives,” adds Borkowsky.

In Qingdao, Rhein Chemie (Qingdao) Ltd. manufactures polymer-bound chemicals, processing promoters, vulcanization and filler activators, together with release agents, in other words its entire range of products for the rubber processing industry in Asia. These products are used to manufacture rubber articles, such as tires, technical rubber goods and sports shoes.

By investing in the construction of a new production plant, in 2006 the company doubled its capacity in China for polymer-bound rubber chemicals (Rhenogran®) in response to rising demand. Rhenogran®helps tire manufactures and other rubber processors to improve product quality, processing and cost efficiency, along with aiding health and environmental protection.

“The rubber laboratory at the plant in China is well equipped. Rhein Chemie’s application laboratories all over the world play an essential role, because they perform key trials for customers and strict product quality control testing,” says Mario Negri, Director Marketing & Sales Asia.

Rubber engineers at Rhein Chemie have also maintained contact with Chinese research institutions for many years, through internships, lectures, training, etc.

Rhein Chemie (Qingdao) Ltd. was established in 1995, and remains one of the first foreign investments in this industrial sector. Rhein Chemie had already focused its attention on this market at a very early stage, and has since then been able to grow further, today employing 180 people at the site. The newly established Rhein Chemie LOA (Qingdao) Ltd. began producing industrial lubricant additives at the end of last year.

Rhein Chemie is a company with 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, lubricants and plastics industries. The company has subsidiaries and production facilities in Europe, Asia as well as North and South America. Rhein Chemie is a wholly owned subsidiary of LANXESS Deutschland GmbH, Leverkusen, Germany.

Mannheim, 07. July 2009
bit (2009-07-811EN)

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.