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Lanxess may spin off synthetic rubber business

Tire Business reports that Lanxess A.G. is holding talks with potential partners regarding the formation of alliances or joint ventures for its synthetic rubber business. The firm is evaluating different strategic options for its SR business, according to a company spokesperson. The restructuring is part of the company’s “Let’s Lanxess Again” initiative. This stage of the initiative will include the examination of competitive alliances to improve access to raw materials and will be executed in 2015 and 2016.

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