Eco tyres a Lanxess primary focus, says CEO

5th March 2012 | 0 Comments
 
Eco tyres a Lanxess primary focus, says CEO

In a guest editorial for Reuters, Lanxess CEO Axel Heitmann has described low rolling resistance tyres as being a primary focus for the specialty chemicals company. “As the fastest growing sector in the tyre industry, “green tyres” have enormous growth potential and increase globally by around ten per cent per year. In Asia demand is currently increasing by as much as 14 per cent annually,” he stated. “Our position is therefore clear: Lanxess will continue to build on its leading position and expand its production capacities, particularly in Asia.” Heitmann expanded upon the Asian theme by sharing that Lanxess will produce 140,000 tonnes of Nd-PBR-rubber per annum at a new site in Singapore by 2015.

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