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 company release contains certain forward-looking statements, including assumptions, opinions, expectations and views of the company or cited from third party sources. Various known and unknown risks, uncertainties and other factors could cause the actual results, financial position, development or performance of LANXESS AG to differ materially from the estimations expressed or implied herein. LANXESS AG does not guarantee that the assumptions underlying such forward-looking statements are free from errors nor does it accept any responsibility for the future accuracy of the opinions expressed in this presentation or the actual occurrence of the forecast developments. No representation or warranty (expressed or implied) is made as to, and no reliance should be placed on, any information, estimates, targets and opinions, contained herein, and no liability whatsoever is accepted as to any errors, omissions or misstatements contained herein, and accordingly, no representative of LANXESS AG or any of its affiliated companies or any of such person's officers, directors or employees accept any liability whatsoever arising directly or indirectly from the use of this document.