LANXESS Acquires PTAP Product Line

Mumbai, India (PressExposure) January 11, 2010 -- Specialty chemicals group LANXESS has acquired the Nipacide® PTAP product line from Clariant effective January 1, 2010. The active ingredient p-tert-amylphenol (PTAP) complements the phenolic active ingredients portfolio of LANXESS’ Material Protection Products (MPP) business unit. “The acquisition of the PTAP business strengthens our position as the leading supplier of phenolic active ingredients to the disinfection market,” says Dr. Torsten Derr, head of the MPP business unit. The parties have agreed not to disclose financial details of the transaction.

LANXESS will market the active ingredient under the tradename Preventol® PTAP. It can be used alone or in combination with ortho-phenylphenol (Preventol® O extra) and chlorophen (Preventol® BP), which are also marketed by MPP, in hospital, household, industrial and veterinary disinfectants.

The Material Protection Products business unit belongs to the Performance Chemicals segment, which achieved total sales in fiscal 2008 of EUR 1,930 million.

Leverkusen, January 6, 2010 bol (2010-00010e)

Forward-Looking Statements This news release may contain 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.

Information for editors: You can find further information concerning LANXESS chemistry in our WebMagazine at http://webmagazine.lanxess.com All LANXESS news releases and accompanying photo, video and audio material can be found at http://press.lanxess.com

About LANXESS

LANXESS is a leading specialty chemicals company with sales of EUR 6.58 billion in 2008 and currently 14,600 employees in 23 countries. The company is represented at 46 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of plastics, rubber, intermediates and specialty chemicals.

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Press Release Submitted On: January 11, 2010 at 7:18 am
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