20th March 2019

LANXESS REORGANIZES STRUCTURE

Following its acquisition of Chemtura in April, 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 says its 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,” 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 new head of the Colorant Additives Business is Dominik Risse, who is returning to the operational side of the business from the Mergers & Acquisitions group function. He was previously responsible for LANXESS’s colorants business in his role as head of marketing.

The name Rhein Chemie, which is 125 years old, will remain the umbrella brand for the rubber and colorants business. The 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.

The Rhein Chemie business unit currently has around 1,000 employees and supplies more than 2,000 products to over 3,000 customers in 120 countries across the globe. It is split into two business lines: RAB supplies the rubber industry with a broad range of pre-dispersed chemicals, processing promoters, vulcanization and filler activators, anti-sun check waxes, release agents, tire marking inks and high-performance bladders

www.lanxess.com