Free press releases distribution network?

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!



LANXESS Sets its Sights on Turkey's Growing Market - Specialty chemicals company LANXESS plans to expand further in the Turkish market. It takes one important step in this direction today by officially opening its new subsidiary in Istanbul - LANXESS.com
LANXESS Sets its Sights on Turkey's Growing Market

 

PRZOOM - /newswire/ - Leverkusen, Germany, 2012/06/18 - Specialty chemicals company LANXESS plans to expand further in the Turkish market. It takes one important step in this direction today by officially opening its new subsidiary in Istanbul - LANXESS.com. 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!


 

• Sales in Turkey have nearly tripled since 2009;
• New subsidiary established: LANXESS Kimya Ticaret Ltd. Şti;
• Focus on the automotive and tire industries.

Specialty chemicals company LANXESS plans to expand further in the Turkish market. It takes one important step in this direction today by officially opening its new subsidiary in Istanbul. LANXESS Kimya Ticaret Ltd. Şti. will manage the company’s business in this growing market in the future. LANXESS generated record sales in Turkey in 2011 amounting to some EUR 125 million, nearly triple the amount achieved in 2009.

"The establishment of our new subsidiary in Turkey represents another milestone on our global growth path. Turkey is tremendously important to LANXESS, not only because of its geographical location between East and West, but also as an engine for growth in the entire region," remarks Axel C. Heitmann, Chairman of the Board of Management of LANXESS AG. The company anticipates that the Turkish economy will grow between 4 and 5 percent a year between 2013 and 2016, significantly faster than Western Europe.

LANXESS markets its entire range of products in Turkey, from high-performance polymers and specialty chemicals to quality chemical intermediates. Activities focus on high-performance rubber products, rubber chemicals and high-tech plastics for the automotive sector, as well as color pigments for the construction industry. LANXESS previously organized its operations in the country via external distributors.

The most important sectors in Turkey for LANXESS are the automotive and tire industries. The company expects the automotive industry in Turkey to grow by 8.5 percent in 2013 and then 3.5 percent per year from 2014 to 2016. In the construction industry, LANXESS foresees growth rates of between 4 and 5 percent in the upcoming years.

The new company will initially start off with 20 employees under the management of Ömer Bakir, general manager of LANXESS Kimya Ticaret Ltd. Şti.

Technology partner to the automotive industry
Technical rubber products from LANXESS, the leading global supplier of synthetic rubber products, are in high demand in the Turkish automotive industry: the oil and ozone as well as waterproof and oxygen impermeable LANXESS products are used, for instance, in vehicle engine compartments. Here they ensure that cable insulation, (brake) hoses, seals, (drive) belts and other rubber components remain tight in spite of heat, strong temperature fluctuations and aggressive fluids. Rubber chemicals from LANXESS facilitate vulcanization and protect rubber from premature aging.

As technology leader in specialty chemicals, LANXESS further develops applications that make "Green Mobility” possible: used in premium tires with low rolling resistance, performance rubber grades from LANXESS provide for greater safety, lower fuel consumption and thus lower CO2 emissions. LANXESS also supports the trend towards lightweight construction in the automotive industry. Already today, high-tech plastics from LANXESS are making vehicles more lightweight, safer and more comfortable – and this trend is on the rise. Less weight and "Green Tires” mean lower emissions and reduced fuel consumption, and that is good for both the environment and consumers' wallets.

For more information about LANXESS in Turkey, go to lanxess.com.tr/.

LANXESS (lanxess.com) is a leading specialty chemicals company with sales of EUR 8.8 billion in 2011 and currently around 16,800 employees in 30 countries. The company is at present represented at 49 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of plastics, rubber, intermediates and specialty chemicals. LANXESS is a member of the leading sustainable indices Dow Jones Sustainability Index (DJSI) World and FTSE4Good.

 
 
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!


 

Agency / Source: LANXESS

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire 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!


LANXESS Sets its Sights on Turkey's Growing Market

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 PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
LANXESS |
Contact: Frank Grodzki - LANXESS.com 
+49 214 30 40043 frank.grodzki[.]lanxess.com
 
PRZOOM / PRTODAY - Newswire Today 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 Press Releases From LANXESS / Company Profile


Read Manufacturing/Robotics Most Recent Related Press Releases:

Voith At POWER-GEN Europe 2017 - Reliable and Innovative Technologies for Energy Providers and Plant Operators
PPG Central Europe Aerospace Center Approved for Airbus Sealants Packaging
ADVA Optical Networking Transforms the Metro with New Levels of Flexibility, Scale and Synchronization
Persistence Market Research Releases Fatty Acid Methyl Ester Market Report - Global Industry Overview by 2025
Automatic Edge Bending Machine Market Has Limited Global Players - Homag, Biesse, Scm Group, Brandt Finds PMR
Persistence Market Research Publishes Global Combi Oven Market Report - Key Players Unox, Convotherm, Rational, Turbofan, Blue Seal, Electrolux
ITT to Showcase Portfolio of Critical In-Flight Solutions at 2017 International Paris Air Show
Rockwell Automation Continues to Expand MES Applications to Increase Flexibility, Ease Entry to Smart Manufacturing
BrainChip Holdings Ltd and Safran Collaborate on Development of Machine Vision Inspection System for Harnesses Production Activities
Demand for Advanced Manufacturing and Automation Solutions Surges with the Rise of Industry 4.0 Finds Frost & Sullivan

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  MagLar, Inc.

Visit  BizJobs.com

Visit  JobsWare.com







 
  ©2017 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | 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 entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today