Lanxess build new production plant in Russia

Lanxess to build new production plant in Russia

11:47 PM, 16th January 2012
Lanxess to build new production plant in Russia
Rainier van Roessel, Member, Board of Management, Lanxess.

LIPEZK, RUSSIA/ LEVERKUSEN, GERMANY: Rhein Chemie, subsidiary of Lanxess, at the new site in Lipezk, will produce rubber additives and release agents for the Russian and CIS markets, especially for the automotive and tire industries. Construction of the new production plant is due to start in early 2012, with the launch of production scheduled for the first half of 2013. In 2016, a production facility for bladders used in tire production is to be added. Total investment will amount to around €5 million. “Russia and the CIS are key growth markets for us as part of our strategic focus on the BRICS countries and global megatrends such as mobility. By building this site we want to benefit directly from the potential this region offers,” said Rainier van Roessel, Member, Board of Management, Lanxess.

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