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LANXESS in Singapore

Backgrounder

Country Representative:    Mr Ian Wood
Number of Employees:       88 (including 13 in Vietnam)

History
1927 Representation through “N.V. Straits Java Trading Co., Singapore” (Pharma)
1971 Foundation of Bayer (Singapore) Pte. Ltd.
1994 Establishment of Bayer (Singapore) Representative Office in Ho Chi Minh City, Vietnam
2004 Creation of LANXESS Pte. Ltd. in Singapore (July 1st)
2005 Establishment of LANXESS Pte. Ltd., Representative Office in Ho Chi Minh City, Vietnam

LANXESS Pte. Ltd. (Singapore) fulfils an important role as a trading hub for the entire Asia-Pacific region.

The geographical location of Singapore makes it an ideal place from which to manage business in the surrounding countries of ASEAN. Good infrastructure, including IT connectivity and shipping & logistics and transport services means that high efficiency levels for conducting business.

As a single-site entity, LANXESS Singapore consists office and warehouse facility/regional marketing & sales functions, including regional supply chain & distribution functions for most Business Units in the  Asia-Pacific region.

In 2011 LANXESS will go on stream with a high-tech butyl rubber facility at Jurong Island.

Out of Singapore, LANXESS manages its businesses in Vietnam, Korea, Malaysia, Taiwan, Indonesia and others.

To participate in the growing market of Vietnam, LANXESS has a representative office in Ho Chi Minh City, Vietnam.

For more information on the activities of the LANXESS Group in Asia please visit www.lanxess-goes-asia.com.


Forward-Looking Statements
This news release contains forward-looking statements based on current assumptions and forecasts made by LANXESS AG management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.

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