Friday, May 20, 2011

Lanxess mulls plant expansions and acquisitions to drive growth

Lanxess is proceeding with plans of plant expansions and making inroads into innovative markets such as "green" tires, shrugging off talk of a double-dip recession, as per Platts. Lanxess is Germany-bbased manufacturer of synthetic performance rubbers with exposure to the automotive industry, which is highly sensitive to economic cycles.

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