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Rhein Chemie building rubber chemicals plant in Russia

On January 13, LANXESS announced that its subsidiary Rhein Chemie would build a plant to produce rubber additives and release agents at a site in Lipezk, Russia. The plant will service the Russian and CIS markets, especially for the automotive and tire industries. Construction of the new production plant is due to start in early 2012, with the launch of production scheduled for the first half of 2013. In 2016, a production facility for bladders used in tire production is to be added. Total investment will amount to around EUR 5 million, creating 40 new jobs in the medium term.

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