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E-shots Web-exclusive: Lanxess now a specialty chemicals group
November 1, 2007
1 Min Read
Following the divestment of its Lustran Polymers business unit (see http://immnet.com/articles/2007/August/3303), Lanxess AG (Leverkusen, Germany; www.lanxess.com) is orienting itself as a specialty chemicals group by organizing its 13 business units into three segments: Performance Polymers, Advanced Intermediates, and Performance Chemicals. The change took effect in October. All polymer-based businesses (the former Performance Rubber segment and Semi-Crystalline Products business unit) will fall under Performance Polymers, the former Chemical Intermediates is now Advanced Intermediates, and specialty products such as functional chemicals, inorganic pigments, and others are grouped under Performance Chemicals. The former Lustran Polymers business unit became part of Ineos ABS, a newly formed joint venture with British chemicals group Ineos, on Sept. 30.
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