Lanxess Inaugrates New HQ

Lanxess, the Japanese subsidiary of the Leverkusen-based chemicals group, has inaugurated its new headquarters in Tokyo.

Referring to the ceremony, Dr Martin Wienkenhöver, Lanxess board member, who is in charge of Asian business, said that Japan is “the most important market in Asia.” The company manufacturers solid rubber for automotive tyres in Japan and other countries.

In 2003 the country contributed roughly 20 per cent of the 887 million euros generated through total sales in the Asia/Pacific region. This year the company plans to grow in line with the Japanese chemical market, growth is expected to be between two and three per cent.

Dr Wienkenhöver explained: “The factors that make Japan so attractive for us are its enormous sales market and its geographic location in a region of such dynamic growth.”