LANXESS Receives China’s Safety and CSR Awards

Singapore, 7 April 2009 - Awards in key market in Asia Pacific region highlight LANXESS’s global commitment to environmental and social sustainability

In China, specialty chemicals company LANXESS (Wuxi) Chemical Co., Ltd. has received the “Safe Producing and Integrity Enterprise in Jiangsu Province in 2008” and “Outstanding Wuxi Company in Implementing Social Responsibility” awards. These two recognitions highlight the importance of corporate social responsibility (CSR) in LANXESS’s global business strategy and reinforce the company’s commitment to sustainable development in China and the Asia Pacific region.

Since the launch of the “LANXESS Goes Asia” initiative, LANXESS has accumulated an impressive list of awards and recognitions across Asia covering excellent contributions in human resources, product, technology, R&D, business partnering, branding, communications, safety, CSR and environmental sustainability. Details on these awards can be found on the Awards channel of the LANXESS Goes Asia Web site: http://www1.lanxessgoesasia.com/About-LANXESS-in-Asia/Awards/index,cat771-2.html

For the most recent two accolades in China, the award ceremony was held in March 2009 during the “Safe Production Promotion Work Conference” in Jiangsu Province.

LANXESS is one of only two companies —among 30,000 participating companies—honored with the “Safe Producing and Integrity Enterprise in Jiangsu Province in 2008” award.

The “Outstanding Wuxi Company in Implementing Social Responsibility” rewards those who have made great efforts in achieving the best performance of social responsibility. Twenty-eight companies received this award.

Dr. Hu Dongqi, General Manager of LANXESS (Wuxi) Chemical Co., Ltd., says, “We are very proud to receive these two awards. The Wuxi plant serves as an important manufacturing and technology location for LANXESS in China and the Asia Pacific region. We will continue to deliver product and service excellence to our customers through our philosophy of prioritizing safety and maintaining integrity.”

Martin Kraemer, CEO of LANXESS Greater China comments, “Sustainability is always our focus. We implement LANXESS’s strong HSEQ standards at all plants worldwide and successfully combine economic growth with environmental and social responsibility.”

Kraemer adds, “I am convinced that LANXESS will help boost the sustainable economic growth in China, and in Wuxi particularly, by introducing high quality chemical products and advanced green production technology.”

LANXESS (Wuxi) Chemical Company Ltd., a wholly owned subsidiary of LANXESS AG, is located at the Wuxi National High and New Tech Industrial Development Zone. A broad range of high performance products are manufactured at the site to meet the increasing demands of customers from the leather, automobile and electronics industries in China, as well as in the Asia-Pacific region. Besides, the LANXESS Wuxi site is home to the company’s largest research and development centre for leather products in Asia-Pacific, and a state-of-the-art Research and Development Testing Centre for engineering plastics. These two facilities provide valuable and timely technical support to its customers as well as help them in their innovation drive.

LANXESS is a leader in specialty chemicals with sales in 2008 of EUR 6.58 billion and currently around 14,800 employees in 21 countries. The company has operations at 44 sites worldwide. LANXESS’s core business comprises the development, manufacture 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.

Maggie Tan
Corporate Communications
LANXESS Pte Ltd
9 Benoi Sector, Singapore 629844
Tel       (65) 6725 5888
Direct   (65) 6725 5821
Fax      (65) 6264 5329
Email   maggie.tan@lanxess.com
Web: http://www.lanxess.com/ , http://www.lanxessgoesasia.com/

This release was published on openPR.