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 Increases Research and Development Commitment - 2009 research and development budget of specialty chemicals group up 10 percent - Number of employees working in research and development staff 11 percent higher than in 2007 - New central “Innovation” group function
LANXESS Increases Research and Development Commitment

 

NewswireToday - /newswire/ - Singapore, Singapore, 2009/06/25 - 2009 research and development budget of specialty chemicals group up 10 percent - Number of employees working in research and development staff 11 percent higher than in 2007 - New central “Innovation” group function. 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!


 

Specialty chemicals group LANXESS AG is stepping up its research and development activities, increasing its 2009 investment budget to around EUR 110 million, up 10 percent from 2008, and expanding the number of staff in this area. At the beginning of this year, LANXESS also created an independent “Innovation” group function for centralized coordination of its research and development activities. The top priority for innovations at LANXESS is their cost-effectiveness.

“Our aim is to translate all innovations and product enhancements into marketable products as quickly as possible,” explains, LANXESS AG Board of Management member, Werner Breuers. “We are planning to have 80 percent of our current R&D projects ready for the market within two years.”

Over 450 employees are currently working on new ideas at the company’s research centers around the globe. This figure is 11 percent higher than in 2007 and is set to rise still further. In 2008, LANXESS completed 110 research and development projects, and there are around 100 projects in the pipeline at present. The number of new patents granted quadrupled between 2006 and 2008, and the Group currently holds around 6,300 patents in total.

In China, LANXESS has established research, development and technical centers for rubber and semi-crystalline products, leather chemicals and material protection products in the cities of Wuxi, Shanghai, Beijing and Qingdao. LANXESS also maintains a Rubber Chemicals Technical Center in Thane, Maharashtra state, India, and a microbiology laboratory for material protection in Singapore.

LANXESS (lanxess.com) is a leading specialty chemicals company with sales of EUR 6.58 billion in 2008 and currently around 14,600 employees in 23 countries. The company is represented at 44 production sites worldwide. The core business of LANXESS is the development, manu¬facturing 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.

 
 
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 Increases Research and Development Commitment

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 Goes Asia |
Publisher Contact: Maggie Tan 
+6567255821 maggie.tan[.]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:

New Technology, Innovative Products and Applications Drive Change in Global Mechanical Seals Market Finds Frost & Sullivan
Metso Introduces Low-maintenance N Series NSP Briquetting Presses for Scrapyards and Metal-processing Industry
ADVA Optical Networking’s Data Security Technology Achieves German BSI Approval
BASF to Launch New Light Stabilizers for Wood and Metal Coatings
ADVA Optical Networking Adds New Members to its Ensemble Harmony Ecosystem
Raritan Signs SYNNEX Corporation as Distributor of Data Center Product Portfolio
PPG Expert to Present on Sprayable Transparent Functional Coatings At 2017 Smart Coatings Symposium
BASF Presents its Updated Polyurethane Portfolio At SIMAC 2017 in Milan
Outokumpu Prodec High Machinability Bar to be Supplied by IMS in the Benelux
Fraunhofer TechBridge Launches SunRISE Challenge II in Partnership with DSM and Greentown Labs, Seeking Innovations in Solar Energy
Hexagon Manufacturing Intelligence Introduces New Laser Scanning Technology for Portable Measuring Arm Systems
ADVA Optical Networking Launches Hypervisor for Optical Network Virtualization
Master Builders Solutions® At BetonTage Trade Show in Neu-Ulm
BASF and the European Space Agency to Develop Digital Services for Farmers
Rockwell Automation Releases FactoryTalk View V9.0 Software to Improve Insight into Plant Processes

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  NAKIVO, Inc.

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)