LANXESS’s Rhein Chemie Business Unit Combines Rubber and Colorant Specialties
Year:2017 ISSUE:14
COLUMN:ECONOMY AND BUSINESS
Click:297    DateTime:Jul.24,2017
LANXESS’s Rhein Chemie Business Unit Combines Rubber and Colorant Specialties

Following the acquisition of U.S. 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.
LANXESS’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 two business lines have similar requirements and the realignment caters to our specialized business, which sometimes involves small volumes,” said 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 new head of Colorant Additives Business is Dominik Risse, who is returning to the operational side of the business from the Mergers & Acquisitions group function to take charge of this business line. He was previously responsible for LANXESS’s colorants business in his role as head of Marketing.
Lubricant and flame retardant additives business, meanwhile, has been transferred to LANXESS’s Additives business unit. Together, these two business units form the Specialty Additives segment in the company’s extended organizational structure.