Lanxess warns on profitability of nitrile business as it opens China tech centre

By Liz White, ERJ staff
Leverkusen, Germany-Opening Lanxess AG’s new Euro 5 million technical centre for its Technical Rubber Products (TRP) business in Shanghai, China, 19 July, TRP executives warned that profitability, particularly in the nitrile rubber business, is too low.

Margins in EPDM continue to be depressed and the NBR business in particular has been making losses that are no longer tolerable,” stressed Dr Günther Weymans, global head of the Lanxess TRP business, at the opening ceremony for the group’s new technical centre in…

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