Rhein Chemie

Rhein Chemie Recognized on the “Wall of Fame” at Ferris State University: Company’s receives honor for facilitating student growth in the polymer industry

Rhein Chemie Recognized on the “Wall of Fame” at Ferris State University: Company’s receives honor for facilitating student growth in the polymer industry

Tuesday, 30. September 2008 Rhein Chemie Corporation is proud to announce its induction into Ferris State University’s National Elastomer Center’s “Wall of Fame” thanks to years of student involvement with the university in Big Rapids, MI.

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.

“Over the years, our organization has believed in actively promoting the growth of both the rubber and plastics industries, from this belief Rhein Chemie established the Ferris State University endowment,” said Ed Klavin, President of Rhein Chemie Corporation.  “Our goal has been to provide the support required to the youth involved in the rubber and plastics industries, helping to build future industry leaders, so to be included on Ferris State Wall of Fame is quite an honor”

In 2005 Rhein Chemie Corporation established a $10,000 endowment fund at FSU to aide the continual growth of students in the polymer industry. The endowment includes the Rhein Chemie Scholarship Endowment Fund, which for the past four years, has helped students at FSU. Four individual scholarships are awarded yearly 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 to award 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.

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 a wholly owned subsidiary of LANXESS Deutschland GmbH, Leverkusen, Germany.

Mannheim, 30. September 2008
bit (2008-09-908EN)

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.