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Lanxess Builds in Russia

9:52 AM MDT | March 20, 2009

Lanxess says that its Rhein Chemie subsidiary will establish a facility to produce polymer-bound additives and release agents for the rubber processing and tire industries, at Nizhny Novgorod, Russia. The plant is expected to be operational by mid-2010. Lanxess opened a sales office earlier this month at Moscow, mainly to market high-performance rubber, chemical, and plastics products. Lanxess achieved sales of about €40 million ($52 million) in Russia in 2007. The company also recently opened an office at Kiev...

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