Lanxess Signs Long-Term Contract with Hankook

Lanxess AG has announced that its Polybutadiene Rubber business unit has signed a five-year supply contract with South Korean tyre manufacturer Hankook Tire. According to the AFX news agency, no financial details were disclosed. Lanxess’s Polybutadiene Rubber business unit is part of the company’s Performance Rubber segment, which reported sales of 1.776 billion euros in 2006.