IHS Chemical Week

Chemical Week Magazine :: Basic Chemicals & Plastics

Lanxess Strengthens Innovation and R&D Efforts

11:33 AM MDT | August 7, 2007 | Kate Phillips

Lanxess will concentrate on innovation and boost R&D investment to target potential high-growth markets and future technologies “that promise a rapid return on investment,” says Randy Dearth, president and CEO of Lanxess, at a recent press conference held in New York to preview what the firm will feature at the K 2007 plastics trade show at Düsseldorf, Germany. Full speed ahead: 2007 R&D budget is up 15%. Lanxess’s performance rubber and engineering plastics division “still make up the lion’s share of our sales,”...

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