LANXESS enters into distribution agreement with Russian rubber manufacturer Halopolymer
By entering into this agreement, LANXESS is expanding its range of specialty rubbers into the market of fluororubbers. “This product is the perfect addition to our range of high-performance rubbers, ensuring that LANXESS has exactly the right elastomers in its portfolio for an even wider range of highly specialized applications,” explains Weymans.
Fluororubbers have a global market volume of more than 20,000 metric tons/year. In the medium term, LANXESS plans to market a considerable proportion of this under the name Levatherm F. In addition to the existing LANXESS sales network, a team of experts specializing in marketing and technical service has been put in place. Halopolymer will serve the Russian market as in the past.
“Halopolymer is one of the biggest fluoropolymers producers in the world,” said Maxim V. Doroshkevich, CEO of Halopolymer. “We produce about 13,000 metric tons of polytetrafluoroethylene (PTFE) per year. It is a global strategy of Halopolymer to diversify our fluoropolymers business from the production of PTFE as a commodity to specialized products - melt-processable fluoropolymers and fluorinated rubbers - to gain about ten percent of the global market.”
Most read news
Other news from the department business & finance
Get the chemical industry in your inbox
By submitting this form you agree that LUMITOS AG will send you the newsletter(s) selected above by email. Your data will not be passed on to third parties. Your data will be stored and processed in accordance with our data protection regulations. LUMITOS may contact you by email for the purpose of advertising or market and opinion surveys. You can revoke your consent at any time without giving reasons to LUMITOS AG, Ernst-Augustin-Str. 2, 12489 Berlin, Germany or by e-mail at revoke@lumitos.com with effect for the future. In addition, each email contains a link to unsubscribe from the corresponding newsletter.