LANXESS enters into distribution agreement with Russian rubber manufacturer Halopolymer

21-Apr-2009 - Russian Federation

The Lanxess AG and the Russian rubber manufacturer Halopolymer, OJSC, Moscow, have entered into a distribution agreement for fluororubbers. Maxim V. Doroshkevich, CEO of Halopolymer, and Guenther Weymans, head of the Technical Rubber Products business unit at LANXESS, met at the Moscow office of the local subsidiary OOO LANXESS to sign a contract on the global distribution of this special-purpose rubber.

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.”

https://www.chemeurope.com/en/news/99885/lanxess-enters-into-distribution-agreement-with-russian-rubber-manufacturer-halopolymer.html