PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: LANXESS

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

LANXESS and South Korean Tier-One Automotive Supplier Hwaseung Strengthen Partnership - German specialty chemicals company LANXESS and South Korea’s tier-one automotive supplier, Hwaseung Corporation, have further strengthened their business partnership - LANXESS.com
LANXESS and South Korean Tier-One Automotive Supplier Hwaseung Strengthen Partnership

 

NewswireToday - /newswire/ - Leverkusen, Germany, 2011/12/02 - German specialty chemicals company LANXESS and South Korea’s tier-one automotive supplier, Hwaseung Corporation, have further strengthened their business partnership - LANXESS.com. FRA: DE Frankfurt: LXS

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Both companies have signed a long-term agreement under which LANXESS will supply Hwaseung with premium EPDM rubber. Financial details were not disclosed. Furthermore, both companies will deepen their research and development efforts on specialty rubber applications.

An agreement was signed at LANXESS’ “Rubber Day Korea” in Jeju by Guenther Weymans, Global Head of LANXESS’ Technical Rubber Products business unit, and Yoohwi Choi, Senior Vice President of Hwaseung Networks – a subsidiary of Hwaseung Corporation.

“This new agreement will further strengthen the already successful partnership between Hwaseung and LANXESS,” said Weymans. “It is also another milestone in the successful integration of the recently-acquired EPDM business.”

“We are delighted to be teaming up once again with LANXESS – a premium supplier of synthetic rubber, which is recognized by our customers” said Choi.

Ethylene propylene diene monomer (EPDM) synthetic rubber, sold under the brand name Keltan, is used above all in the automobile industry for door sealants. It is also used in the plastics modification, cable and wire, construction and oil additives industries. Its properties include very low density, good resistance to heat, oxidation, chemicals and weathering as well as good electrical insulation properties.

Hwaseung Corporation is a leading supplier of rubber components and other materials to global automobile producers, including the Korean manufactures Hyundai and Kia. South Korea is already one of the top five automobile producers in the world.

The Technical Rubber Products business unit, which includes the EPDM business, is part of LANXESS’ Performance Polymers segment, which achieved total sales of EUR 3.8 billion in 2010.

LANXESS (lanxess.com) is a leading specialty chemicals company with sales of EUR 7.1 billion in 2010 and currently around 16,100 employees in 30 countries. The company is at present represented at 47 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of plastics, rubber, intermediates and specialty chemicals. LANXESS is a member of the leading sustainable indices Dow Jones Sustainability Index (DJSI) World and FTSE4Good.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: LANXESS

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Manufacturing/Robotics articles,
CATCH Visitors via Your Competitors Announcements!


LANXESS and South Korean Tier-One Automotive Supplier Hwaseung Strengthen Partnership

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

LANXESS |
Publisher Contact: Udo Erbstößer - LANXESS.com 
+49 214 30 54529 udo.erbstoesser[.]lanxess.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any LANXESS securities in any jurisdiction including any other companies listed or named in this release.

Manufacturing/Robotics via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From LANXESS / Company Profile


Read Manufacturing/Robotics Most Recent Related Newswires:

PPG Acquires Automotive Refinish Coatings Company Futian Xinshi
NEC Supplies Submarine Cable for System Connecting Hong Kong and Guam
Frost & Sullivan Recognizes MEMEX, Inc. As 2016 Global Product Leader in Machine Monitoring System
Hexagon Manufacturing Intelligence Shows Data-Driven Production Solution at StonExpo
Nexans’ HV Cables to Connect ScottishPower Renewables’ 714 MW Wind Farm to Shore
SWEP Introduces The New B649HT
Bahrain’s Alba Places Order for GE’s World-Record-Setting HA Technology & Signs Long-Term Service Agreement
PPG Coatings Create Showpiece Finish for Carrington Livery
METTLER TOLEDO Launches New Melting Point Excellence Instruments MP55 and MP80
Frost & Sullivan Applauds Borealis’ Dedicated Efforts to Enhance its Healthcare Brand and Sustainable Growth
PPG to Highlight Automotive Coatings At 2017 NAIAS
Voith Receives Order for BillerudKorsnäs 550.000 T/y Board Machine in Gruvön, Sweden
PPG Completes Acquisition of Romanian Paint and Coatings Manufacturer DEUTEK
SWEP Introduces New High-efficiency Single-circuit Evaporator and Condenser
ITT BIW Connector Systems Introduces Tri-Lok™ Ultra Packer Penetrator for the Upstream Oil and Gas Market

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Al Rowaad Advocates & Legal Consultants

Visit  JobsWare.com





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)