ranjit | Feb 19, 2018 | 0
LANXESS revises organizational structure
Following the acquisition of the US firm Chemtura in April this year, specialty chemicals company LANXESS has revised its organizational structure. Now, Rubber Additives Business (RAB) and Colorant Additives Business (CAB) belong to the Rhein Chemie business unit. Dominik Risse will be the new head of Colorant Additives Business. He returns to the operational side of the business from the Mergers and Acquisitions group function. He was previously responsible for LANXESS’s colorants business in his role as head of Marketing.
With the restructuring, LANXESS wants to adopt a more targeted approach with an even stronger customer focus. The unit will cover specialty business with active ingredient compounds, specialty chemicals and processing aids for the rubber, plastics and colorants industries in the future.
“The two business lines have similar requirements. The realignment caters to our specialised business, which sometimes involves small volumes,” said Philipp Junge, who has been head of the Rhein Chemie business unit since April 2017. Junge is also in charge of Rubber Additives Business, having been responsible for this business line since the end of 2014.
Rhein Chemie will remain the umbrella brand for rubber and colorants business. Lubricant and flame retardant additives business, meanwhile, has been transferred to LANXESS’s Additives business unit. Together, these two business units form the Specialty Additives segment in the company’s extended organizational structure.
The Rhein Chemie business unit currently has around 1,000 employees and supplies more than 2,000 products to over 3,000 customers in 120 countries across the globe.