Arlanxeo facing market challenges in second-half

Cologne, Germany – Arlanxeo, the synthetic rubber joint venture between Lanxess and Saudi Aramco, should deliver some growth over this year as a whole – but it won’t be easy.

Despite a fairly strong first half, the rubber business “continues to be affected by overcapacity and ongoing price pressure,” Cologne-headquartered Lanxess noted in its first half results statement.

“We anticipate a weakening in growth in the second half of the year,” said Lanxess. “Overall, and taking into account the strong first half, we anticipate slight growth for the segment compared to last year, despite the…

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