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LANXESS Expands in Middle East, Dubai

Published on 2011-04-06. Author : SpecialChem

LEVERKUSEN/DUBAI -- German specialty chemicals group LANXESS is expanding its global presence and has founded a dedicated company for the Middle East. The office of LANXESS Middle East GmbH is located in Dubai.

"The markets of the Middle East offer LANXESS interesting prospects, both in terms of raw material supply and because of the increasing demand there for quality products. Through an increased presence we would like to more effectively evaluate and exploit this strategic potential," said Werner Breuers, a member of the LANXESS AG Board of Management, adding: "Dubai is an ideal location in this regard."

LANXESS currently supplies customers in the Middle East primarily with specialty chemicals, color pigments for the construction industry and high-tech plastics and rubbers.

Managing Director of the new presence in Dubai is Elie Saad. Saad previously held various positions in the LANXESS group. His most recent function was as head of the global polymer additives business in the Functional Chemicals business unit.

About LANXESS

LANXESS is one of the 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.

Source: LANXESS


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