LANXESS Two ABS Production Lines in Tarragona Back on Stream
Sep 13, 2006
LEVERKUSEN -- The LANXESS chemical group has put two compounding lines for the production of ABS plastics back on stream at its plant in Tarragona in Spain. The compounding facilities were damaged in a fire on August 18, 2006, and production was temporarily disrupted as a result. "One section of the compounding lines is now back in full production," announced Stefan Michel, head of the Europe and Latin America region of the recently renamed LANXESS business unit Lustran Polymers. "I am confident that we can also conclude the repair work on the other compounding lines as planned." Additional external production capacities would be used in the meantime.
The fire has had no effect on the project to expand capacity in Tarragona. The realignment of the business unit is also proceeding completely according to plan.
This news release contains forward-looking statements based on current assumptions and forecasts made by Bayer Group management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future consolidated results, financial situation, development or performance of the company, and the estimates given here. These factors include those discussed in our public reports filed with the Frankfurt Stock Exchange and with the U.S. Securities and Exchange Commission (including Form 20-F). The company assumes no liability to update such forward-looking statements or to adapt to future events or development.
