2011-05-19

Rhein Chemie to Present BioAdimide™ Additive During the ‘5th Bioplastics Market’ Event

Rhein Chemie, a wholly owned subsidiary of LANXESS, announced to sponsor the 5th Bioplastics Market conference which is scheduled to take place on May 23 and 24, 2011, at the Langham, Ballroom A, Hong Kong.  A paper titled "Additives for Bioplastics in durable applications" will be presented at 11:50 a.m. on May 23.

The company will introduce BioAdimide™ additive range to the market. The new product line enables the production of renewable, bio-based polymers for durable applications with a lower environmental impact.  An international level panel of bioplastics professionals will grace the event by sharing their indepth knowledge, while end users will share their experiences in bioplastics applications and the ongoing trends that they are witnessing in their functional field. The main topics that will be covered are:  

▪    Development of sustainable feedstock supply in bioplastics,
▪    Bioplastics trends and government legislation in India and Greater China,
▪    Current and future outlook of global bioplastics development,
▪    Successful bioplastic applications in durable goods.

About Rhein Chemie
Rhein Chemie develops, produces and sells additives, specialty chemicals and service products for the rubber, lubricant and plastics industries. In fiscal 2010 Rhein Chemie achieved sales of EUR 283 million with approximately 800 employees worldwide. The company is headquartered in Mannheim, Germany and has production facilities in Europe, Asia and North and South America. Rhein Chemie is a wholly owned subsidiary of the specialty chemicals group LANXESS, Leverkusen, Germany.


 
Forward-Looking Statements

This news release contains forward-looking statements based on current assumptions and forecasts made by the management of Rhein Chemie Rheinau GmbH. 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 our sole stockholder LANXESS Deutschland GmbH and the estimates given here. These factors include those discussed in LANXESS AG’s reports to the Frankfurt Stock Exchange. LANXESS AG and Rhein Chemie Rheinau GmbH assume no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.


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