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!

Rhein Chemie Acquires Release Agents for the Tire Industry from Wacker - Acquisition makes Rhein Chemie the world leading supplier of tire release agents
Rhein Chemie Acquires Release Agents for the Tire Industry from Wacker

 

NewswireToday - /newswire/ - Mannheim, Germany, 2011/07/08 - Acquisition makes Rhein Chemie the world leading supplier of tire release agents. 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!


 

Rhein Chemie Rheinau GmbH is expanding its product range for the tire industry by acquiring the tire release agents business of Wacker Chemie AG, Munich, as of July 8, 2011. Both partners have agreed to keep the purchase price confidential. Wacker’s tire release agents business achieved sales amounting to a mid single-digit million Euro amount in 2010.

The transaction includes the rights to the corresponding product formulations as well as the existing customer contracts and business inventories. In addition, Wacker Chemie will supply Rhein Chemie with the required silicon-based raw materials. Employees will not transfer to Rhein Chemie.

“Acquiring Wacker Chemie’s tire release agents business strengthens our already good position in the tire industry and makes us the world’s leading supplier of tire release agents," said Dr. Anno Borkowsky, CEO of Rhein Chemie.

The market for these products will grow worldwide by roughly five percent per year in the medium term. The acquisition also opens up new business opportunities for Rhein Chemie, especially in the U.S.A. The majority of the acquired products are aqueous, solvent-free dispersions based on silicone. They are to be marketed by Rhein Chemie under the name Rhenodiv.

“We now supply tire manufacturers with an even more diverse range of solutions, thereby reinforcing our position in the growing market segments semi-permanent release agents and bladder coatings,” said Frank Lueckgen, Executive Vice President of Rhein Chemie’s Rubber Division.

Semi-permanent release agents are used by an increasing number of tire manufacturers. They improve the cost-efficiency of tire production, because a single coating is enough for several de-molding operations.

Tire release agents support uniform vulcanization of the tire in the press and ensure easy release of the finished tire from the bladder and mold. The choice of release agent has an impact on the cost-efficiency of the production process, and on the quality and appearance of the finished tire.

At the beginning of the year, Rhein Chemie acquired the tire release agent and bladder manufacturer Darmex S.A., Burzaco, Buenos Aires, Argentina. Some weeks ago, Rhein Chemie also took over the two product lines Vocol and Santoweb from Flexsys.

About Rhein Chemie
Rhein Chemie (rheinchemie.com) develops, produces and sells additives, specialty chemicals and service products for the rubber, lubricant and plastics industries. In fiscal 2010 Rhein Chemie achieved sales of EUR 283 million and has approximately 1,000 employees worldwide. The company is headquartered in Mannheim, Germany and has production facilities in Europe, Asia and North and South America. Rhein Chemie is a wholly owned subsidiary of the specialty chemicals group LANXESS, Leverkusen, Germany.

Contact
Rudolf Eickeler, Spokesperson Financial and Business Media
T.: +49 214 30 40483 / F: +49 214 30 50691 / E: rudolf.eickeler[.]lanxess.com.

 
 
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!


Rhein Chemie Acquires Release Agents for the Tire Industry from Wacker

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 | Rhein Chemie
Publisher Contact: Martina Bitterlich - RheinChemie.com 
+49 (0)621-8907-455 martina.bitterlich[.]rheinchemie.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 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
European Construction Chemicals Market Leverages Local Presence and Customised Solutions to Expand Finds Frost & Sullivan
Nexans Secures Around € 300 Million Contract to Supply LV Cables for Infrastructure Projects in Qatar through its QICC JV with Al Mirqab Capital
PPG Reaches Agreement with Knauf for Sale of Plaka Plasterboard Business
Leonardo-Finmeccanica Publishes Financial Calendar 2017
Dunn-Edwards Paints Signs Merger Agreement with Nippon Paint
International Trade Commission Issues Final Determination That Umicore Infringes BASF and Argonne National Laboratory Patents
Nexans to Connect Continents to Bring High Speed Broadband to West Africa

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©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)