Home > News > German chemicals group banks on green
April 17th, 2008
German chemicals group banks on green
Abstract:
German specialty chemicals group Lanxess has said it is banking on growing demand for more environmentally friendly products and systems solutions in China, its most important market in Asia.
"Sales of our green premium products in China have risen significantly in the past 12 months. We expect this trend to continue and to have a positive impact on our business here," said Axel Heitmann, chairman of the Lanxess board.
Growth of the company's green business could double the rate of the overall market growth in China. "We will focus increasingly on green chemistry products in our portfolio," said Heitmann.
The company already has a wide range of environmentally friendly products and systems solutions. Its semi-crystalline products and technical rubber products business units are helping to reduce the weight of automobile components, enabling the construction of fuel-saving cars with lower CO2 emissions.
The company's newly developed special-purpose rubber based on nanotechnology can reduce abrasion in tires while reducing fine dust formation and increasing mileage.
Source:
english.people.com.cn
Related News Press |
News and information
Simulating magnetization in a Heisenberg quantum spin chain April 5th, 2024
NRL charters Navy’s quantum inertial navigation path to reduce drift April 5th, 2024
Discovery points path to flash-like memory for storing qubits: Rice find could hasten development of nonvolatile quantum memory April 5th, 2024
Announcements
NRL charters Navy’s quantum inertial navigation path to reduce drift April 5th, 2024
Discovery points path to flash-like memory for storing qubits: Rice find could hasten development of nonvolatile quantum memory April 5th, 2024
Automotive/Transportation
Researchers’ approach may protect quantum computers from attacks March 8th, 2024
Tests find no free-standing nanotubes released from tire tread wear September 8th, 2023
The latest news from around the world, FREE | ||
Premium Products | ||
Only the news you want to read!
Learn More |
||
Full-service, expert consulting
Learn More |
||