Lanxess new Rhein Chemie Additives business unit will launch effective Jan. 1, combining its Rhein Chemie and functional chemicals business units with the specialty chemicals products line of Lanxess rubber chemicals business unit.
A letter to Rhein Chemies customers and business partners said the new Rhein Chemie Additives unit will operate under the Rhein Chemie brand and will comprise four additives business lines: lubricant, rubber, colorant and plastic.
The company stated in the letter that the future Rhein Chemie Additives business will offer a broader additives portfolio and feature extensive international distribution and technical service networks. It will have 18 sites in 10 countries, with laboratories and technical service centers in every region.
Bundling the additives businesses will open up new markets and attract new customers for Lanxess, Lanxess said in a news release. Anno Borkowsky, president and CEO of Rhein
Chemie since June 2002, will head the new business unit.
Based in Mannheim, Rhein Chemie develops, produces and sells additives for the rubber, lubricant and plastics industries. Under the brand name Additin, Rhein Chemie provides solutions for a variety of industrial lubricants. This includes additives for metal-working and greases as well as packages for industrial oils such as hydraulic, turbine, compressor and industrial gear oils.
Rhein Chemie is a wholly-owned subsidiary of the specialty chemicals group Lanxess, based in Leverkusen, Germany.