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Matexion to Distribute LANXESS's Butadiene Rubber Products

Published on 2011-03-22. Author : SpecialChem

Pittsburgh, PA -- LANXESS Corporation announced that it has named Matexion a distributor for the company's performance butadiene rubber (BR) products effective April 1, 2011.

Butadiene rubber, with key properties including resistance to aging, excellent abrasion resistance and high resilience, is used in a variety of applications for everyday use, including tires, golf balls, high impact polystyrene (HIPS) and conveyer belts.

According to the distribution agreement, Matexion will be responsible for the management of all less-than-truckload sales of LANXESS BR products in Canada. The agreement will expand the already extensive portfolio of polymers Matexion supplies to the rubber industries. Specific terms of the agreement were not disclosed.

"Matexion will be a valued addition to our current distributor portfolio. We look forward to working with them to provide the best customer service to our Canadian clients," said Tim Rae, Vice President of PBR Marketing for the Americas Region.

About LANXESS

LANXESS is a leading specialty chemicals company with sales of EUR 7.1 billion in 2010 and currently around 14,850 employees in 24 countries. The company is represented at 45 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of plastics, rubber, intermediates and specialty chemicals.

Forward-Looking Statements

This news release may contain forward-looking statements based on current assumptions and forecasts made by LANXESS AG management. 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 the company and the estimates given here. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.

Source: LANXESS


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