LANXESS Strengthens Rubber R & D Presence in Qingdao
Year:2009 ISSUE:17
COLUMN:M & A, BUSINESS & TRADE
Click:194    DateTime:Jun.16,2009
LANXESS Strengthens Rubber R & D Presence in Qingdao     

LANXESS AG on May 21st inaugurated the expansion of its High Performance Rubber R & D Center in Qingdao, Shandong province, eastern China. In doing so, the company is underlining its strategy of profitable growth in Asia through targeted investments in research and development.
   LANXESS's first manufacturing plant in Qingdao, Rhein Chemie Qingdao, was built in 1999 to produce polymer additives for the electrical, electronics and automotive industries. Since then, the company has made significant and ongoing investments in Qingdao, including a plant for the manufacture of lubricant oil additives.