Acquisition adds to Lanxess' Vulcanisation Chemical Range

The acquisition of two businesses belonging to Solutia Inc. subsidiary Flexys is intended to strengthen the product portfolio chemical specialist Lanxess’ offers its customers from the tyre and rubber industries. Pending approval from the relevant antitrust authorities, the company will incorporate Flexsys’ primary accelerator business and Perkalink 900 anti-reversion agent into its Rubber Chemicals business unit. Lanxess has not disclosed any financial aspects of the acquisitions and reports that no Flexsys employees will be transferred to Lanxess.

“The transactions clearly underline our commitment to maintain a reliable supply of high-quality chemicals to the tyre and technical rubber industries,” said Luis López-Remón, head of Lanxess’ Rubber Chemicals business unit.

The German company will take over selected parts of Flexsys’ primary accelerators business and integrate them into its existing production facilities in Kallo, Belgium, and Bushy Park, South Carolina. Lanxess is already a major supplier of primary of primary accelerators, and during the past two years invested ten million euros upgrading its Kallo facility.

Accelerators help determine the speed of the vulcanisation process and help to achieve the desired properties of the finished rubber product. The Perkalink 900 product is used to avoid the risk of reversion during the vulcanisation process and thus improve the service life of tyres, as well as other technical rubber products.