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Follow on Google News | LANXESS Celebrates Centenary of Synthetic Rubber Invention- Synthetic rubber represented a quantum leap in polymer chemistry - Politicians, economists, industry experts to present at 100 Years of Synthetic Rubber scientific collquium in Cologne, Germany
By: Maggie Tan Hoffman's invention was initially intended as a substitute for natural rubber and a means of counteracting the rising prices of rubber tree extract. But today, synthetic rubber is far more than a substitute. Synthetic rubber has proven to be indispensable thanks not only to its diverse properties and types, but also to its many applications. It is used in automotive engineering and the tire industry as well as energy generation, medicine, sports and aerospace engineering. LANXESS is successfully continuing the work of Hofmann, who was employed by "Elberfelder Farbenfabriken vorm. Friedrich Bayer & Co." when he developed his invention. Today, LANXESS is not just one of the world's biggest producers of synthetic rubber; with 100 years of experience in synthetic elastomers, the company is also a technology leader and a driving force in the industry. The LANXESS portfolio comprises far in excess of 100 different grades of synthetic rubber, which are used in a whole range of applications. LANXESS even makes a rubber grade for the chewing gum industry. LANXESS is the world's only supplier of a butyl rubber approved by the authorities for use in the food industry. The material is also used in preventive measures to protect against earthquakes, with structures such as bridges being built on rubber. In addition, LANXESS continues to register numerous patents in the rubber sector every year, which proves that this flexible all-rounder still has a great deal more to offer. "High-tech rubber-based products will continue to play a key role in our daily lives in the future. The potential of the material is far from exhausted," LANXESS 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, manufacturing and marketing of plastics, rubber, intermediates and specialty chemicals. More information at http://www.lanxessgoesasia.com 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. # # # LANXESS 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, manufacturing and marketing of plastics, rubber, intermediates and specialty chemicals. More information at http://www.lanxessgoesasia.com. End
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