LANXESS Seeks Active Response to Global Climate Change through Use of Innovative Rubber Technologies

German specialty chemicals company LANXESS delivered a presentation entitled “From petrochemicals to fuel efficient automobiles – managing competitive and regulatory challenges” at the Fifth China Rubber Conference (CRC 2010) and World Rubber Summit 2010 (WRS 2010), held in Qingdao, China from March 15 to 18, 2010.

At the event, Dr. Joachim Grub, Head of Business Unit Performance Butadiene Rubbers of LANXESS AG, illustrated how LANXESS is seeking active response to global climate change by using innovative rubber technologies.  Dr. Grub highlighted a number of methods for improving the environment using technologies generated by LANXESS:

- Improved green tires through state-of-the-art rubber chemistry
- Resource conservation through the retreading of used tires
- PAH-free processing oil to enhance consumer health
- Tire labeling and other environmental legislation to further reduce the fuel consumption of high-performance tires.
- Special elastomers to help in the development of electric vehicles

As a global leader in the synthetic rubber industry, LANXESS has committed itself to the research, manufacture and marketing of high performance rubber and chemicals to improve both energy efficiency and human health, without compromising performance standards.  As Grub stated, LANXESS firmly believes that the goal of global environmental protection can only be achieved through the introduction of new technologies and innovative rubber solutions.

In reference to the goals of carbon emission reduction set by the Copenhagen Climate Conference 2009, Dr. Grub commented: ”That's an ambitious target. Nonetheless, I am confident that we will achieve it not simply because it makes sense in terms of climate protection, but also because it makes economic sense. We all have a vested interest in conserving our resources. The particular challenges faced by our industry can only be overcome with highly developed special-purpose rubbers.”

LANXESS is the world’s leading producer of synthetic rubber and rubber chemicals.  Their environmentally friendly tires, produced with high-performance rubber from LANXESS, have among other advantages 20 percent lower rolling resistance and therefore significantly reduce fuel consumption.

Dr. Grub also discussed the potential energy savings of tire retreading, which cuts 10% of energy-consumption during new tire manufacturing.  In addition, he said that the tire labeling regulations and other environmental legislation enacted in EU countries can further reduce the fuel consumption of high-performance tires.

At the end of his speech, Grub explained that special elastomers will play an important role in new energy vehicles. “The specific demands of electric motors require special elastomers that ensure necessary traction while also coping with higher acceleration forces over the long term.”

China is one of the vital markets in LANXESS’s future growth strategy.  Due to the Chinese tradition of wanting to learn from the best, LANXESS is confident that high-quality tire products will take hold in China much more quickly than in many developed countries.

The Performance Butadiene Rubbers Business Unit is part of LANXESS’s Performance Polymers segment, which achieved total sales of EUR 1.663 billion in the first nine months of 2009.

About the Fifth China Rubber Conference (CRC 2010) and World Rubber Summit 2010 (WRS 2010)

The Fifth China Rubber Conference (CRC 2010) and World Rubber Summit 2010 (WRS 2010) were jointly held from March 15-18, 2010, in Qingdao, China. This was the first international rubber conference organized jointly by the CRIA and IRSG. The theme for the joint event was: ‘Different roads to recovery: managing the challenges’

The conference invited world-renowned speakers from both China and abroad, in order to improve our understanding of the opportunities and challenges facing the international rubber industry plus the differing roads to recovery following the global financial crisis.

LANXESS is a leading specialty chemicals company with sales of EUR 6.58 billion in 2008 and currently around 14,600 employees in 23 countries. The company is represented at 43 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of plastics, rubber, intermediates and specialty chemicals.

China,  March 17, 2010

Forward-Looking Statements
This news release may contain forward-looking statements based on current assumptions and forecasts made by LANXESS AG management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.

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