23.11.2009

Rhein Chemie wins 2009 Ringier Technology Innovation Award

 

• LANXESS subsidiary Rhein Chemie is recognized for outstanding features of one of its additives

• Product is environmentally friendly and has excellent technical performance

 

Shanghai/Qingdao – Rhein Chemie Lubricant Oil Additives (Qingdao) Ltd., a wholly owned subsidiary of the German specialty chemicals company LANXESS received a 2009 Ringier Technology Innovation Award, being recognized for the outstanding features and advantages of its additive package Additin® RC 5700.

 

“Individual additive formulations are developed in close cooperation with customers, who thus benefit from Rhein Chemie’s know-how,” states Dr. Lixing Wei, Director of Technology Greater China at Rhein Chemie's Lubricants Division. Dr. Wei underlines the major contribution the laboratory makes to the success of operations. The Rhein Chemie scientist received the award during the ceremony and added: “We are honored that today RC 5700 is recognized by our customers. It’s always Rhein Chemie’s strategy to offer clients in Asia Pacific a customized range of high quality additives.”

 

With the establishment of Rhein Chemie Lubricant Oil Additives (Qingdao) Ltd. and its highly efficient applications laboratory, the technical experts of the LANXESS subsidiary successfully developed a water-miscible metalworking fluids package called Additin® RC 5700 by utilizing their own facility and technology. This Chlorine free package is defined as an environmental friendly product, as opposed to other available packages. In addition, the technical performance targets were set to the upper limit from the beginning of its development. The Additin® RC 5700 is tested by independent certified laboratories and has shown extremely positive results in the most severe conditions and environments.

 

Since 2005, Ringier, Switzerland’s largest media company, which owns publishing houses in both Eastern Europe and Asia, has been presenting its Technology Awards to individuals and organizations that have made a major contribution to the Chinese plastics, metallurgical, packaging and foods industries through technological innovation.

 

The newly founded Chinese company Rhein Chemie LOA (Qingdao) Ltd. began production of additives for industrial lubricants at the end of 2008. Rhein Chemie manufacturing operations in Qingdao started back in 1999 with the production of additives for the rubber industry and have continued to expand ever since. Rhein Chemie now employs a workforce of around 180 in Qingdao.

 

Rhein Chemie is a chemicals company which has had a successful track record in customized additives and service products stretching back over 100 years. The approximately 850-strong workforce produces and sells products for various sectors of the rubber, lubricant and plastics industries worldwide. The company is headquartered in Mannheim-Rheinau, Germany and has subsidiaries and production facilities in Europe, Asia and North and South America. Rhein Chemie is a wholly owned subsidiary of the LANXESS Group, Leverkusen, Germany.

LANXESS is a leader in specialty chemicals with sales in 2008 of EUR 6.58 billion and currently around 14,335 employees in 23 countries. The company is represented at 46 production sites worldwide. The core business of LANXESS is the development, manufacture and sale of plastics, rubber, intermediates and specialty chemicals.

 

Forward-Looking Statements
This news release may contain forward-looking statements based on current assumptions and forecasts made by LANXESS AG management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.

 

China:  November 23, 2009

 

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