Lanxess is expected to put money into India this year

Jagger, Anna
February 2007
ICIS Chemical Business;2/26/2007, Vol. 2 Issue 55, p20
Trade Publication
The article reports that Lanxess is expanding its acrylonitrile-butadiene styrene (ABS) capacity in Moxi, Gujarat, India. Axel Heitmann, chairman of Lanxess, believes that India is the most important growth market in Asia after China. India is described as the strongest growing market for ABS plastics in Asia due to its emerging automotive industry.


Related Articles

  • Lanxess Aims to Close Profitability Gap; May De-list Petroflex. Alperowicz, Natasha // Chemical Week;3/17/2008, Vol. 170 Issue 9, p17 

    The article reports that Lanxess has reconfirmed its intention to close the profitability gap with its peer group in 2008, a year ahead of its original plans. The company's attention is focusing on growth after three years of restructuring since its separation from Bayer in 2004. Chairman Axel...

  • Lanxess scouts butyl rubber locations. Baker, John // ICIS Chemical Business;7/2/2007, Vol. 2 Issue 73, p40 

    The article reports that Lanxess Corp. is planning to build a 400 million butyl rubber facility in Asia for a 2010 start-up. The company may build the plant either in Singapore or in Malaysia. Lanxess chairman Axel Heitmann says that the new establishment will be the largest investment in the...

  • Lanxess looks hard to cut costs.  // European Chemical News;7/5/2004, Vol. 81 Issue 2107, p7 

    Reports on the impact of market competition on the newly established chemicals company Lanxess. Background of the company; Statement issued by CEO Axel Heitmann with regard to cutting costs of the company.

  • ABS, SAN under feedstock pressure. Hoffman, John // Chemical Market Reporter;5/23/2005, Vol. 267 Issue 21, p26 

    The article reports that the market for acrylonitrile-styrene-butadiene (ABS) and styrene-acrylonitrile (SAN) remain under pressure from high energy and feedstock costs. David Gingras, vice president of sales and marketing for Lanxess Corp., says that compared to 2005, the markets for ABS and...

  • Singapore to Play 'Critical Role' in Growth of Lanxess. Phillips, Kate // Chemical Week;3/3/2008, Vol. 170 Issue 7, p6 

    The article announces that Singapore will become the hub of Lanxess's operations throughout southeast Asia. According to Lanxess Chairman Axel C. Heitmann, the company will build a butyl rubber manufacturing plant at Jurong Island, Singapore. Lanxess' existing butyl rubber units are at Sarnia,...

  • Lanxess has positioned itself for growth.  // Rubber World;Oct2006, Vol. 235 Issue 1, p11 

    The article reports on the restructuring of Lanxess Corp., the Bayer spin-off, that could make the company improve its performance in the U.S. market. During the Rubber in the Americas Conference, Axel Heitmann, chairman of the board for Lanxess, forcast that the company would be in position for...

  • Lanxess ponders first acquisition. Williams, Dede; Gibons, Jane // ICIS Chemical Business;11/20/2006, Vol. 1 Issue 44, p5 

    The article reports on the consideration of Lanxess to make its first acquisition before the end of 2006. For the full year, management still expects to report pre-exceptional earnings before interest, tax, depreciation and amortization of € 660 to 680 million. In the third quarter, the...

  • Lanxess remains optimistic despite an uncertain future. Robinson, Simon // European Chemical News;5/2/2005, Vol. 82 Issue 2145, p8 

    Reports on the business condition of Lanxess in the chemical industry in Europe as of May 2, 2005. Views of Lanxess CEO Axel Heitmann on the company; Problems being faced by Lanxess on its paper chemicals; Information on an employment pact of the German workforce of the company.

  • NOWOÅšCI TECHNICZNE. Łukszo-Bieńkowska, Anna // Polimery;2014, Vol. 59 Issue 5, p437 

    No abstract available.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics