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People & Business :: Companies
Lanxess opens first production plant in Russia
5:34 AM MDT | July 4, 2013 | Michael Ravenscroft
Lanxess has opened its first production facility in Russia, the company says. Lanxess subsidiary Rhein Chemie is manufacturing polymer-bound rubber additives at the plant, located at Lipetsk, for markets in Russia and the Commonwealth of Independent States, primarily for the automotive and tire industries. A production facility for bladders used in manufacturing tires is to be added in 2016. The overall investment in the plant amounts to a seven-digit euro figure, and 40 jobs will be created. "This production site underlines our focus on global growth...
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