Germany Lanxess Restructures Speciality Business
Following the acquisition of US firm Chemtura in April this year, specialty chemicals company Lanxess has revised its organizational structure. The two business lines Rubber Additives Business (RAB) and Colorant Additives Business (CAB) now both belong to the Rhein Chemie business unit.
Leverkusen/Germany — The company's goal with this restructuring is to adopt a more targeted approach with an even stronger customer focus. The unit will in the future cover specialty business with active ingredient compounds, specialty chemicals and processing aids for the rubber, plastics and colorants industries, the company announced.
“The two business lines have similar requirements and the realignment caters to our specialized business, which sometimes involves small volumes,” says Philipp Junge, who has been head of the Rhein Chemie business unit since April 2017. Junge is also in charge of Rubber Additives Business, having been responsible for this business line since the end of 2014.
The name Rhein Chemie will remain the umbrella brand for rubber and colorants business. Lubricant and flame retardant additives business, meanwhile, has been transferred to the company’s Additives business unit. Together, these two business units form the Specialty Additives segment in the company’s extended organizational structure.
This article was fist published on process-worldwide.com.