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.
Rhein Chemie will remain the umbrella brand for rubber and colorants business. Lubricant and flame retardant additives business has been transferred to Lanxess’s Additives business unit. The two units will form the Specialty Additives segment in the company.
Read the full press release here.
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