News from Notch Consulting, Inc.

September 18, 2008

Lanxess Growing in Asia, Russia, Latin America

Filed under: General, Rubber Chemicals, Tires — Notch @ 11:10 am

The Lanxess website has posted an excellent presentation from Dr. Alex Heitmann, Chairman of the Board of Management, LANXESS AG.

By 2010 our investments in Asia will have doubled to represent 49 percent of our capital expenditures. This move gives us greater proximity to our customers. It is a natural hedge against currency fluctuations and raw material costs, and it optimizes our transportation costs.

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