Rhein Chemie reports strong growth
ERJ staff report (DS)
Mannheim, germany -- The Rhein Chemie Group saw sales rise by 40 percent year-on-year in 2010, to EUR 283 million.
At the beginning of the year Rhein Chemie acquired Darmex S.A. and its production sites in Argentina (Buenos Aires and Merlo) and Uruguay (Colonia). At the beginning of February, the company announced plans to expand bladder production in Buenos Aires. Rhein Chemie is the only producer of bladders worldwide to also manufacture release agents, both being used in the production of tires.
The construction of the company's first production site in Russia is on schedule. As of the second half of 2011, Rhein Chemie will produce Rhenogran and Rhenodiv rubber chemicals for the Russian and CIS markets in Dzerzhinsk in the region of Nizhny Novgorod. These products are used primarily in the manufacture of car tires and technical rubber products such as hoses and seals.
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www.rheinchemie.com/
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