LANXESS Corporation Names Hector Diaz-Stringel New President and General Manager for Rhein Chemie Corporation


Chardon, OH - January 30, 2008 - Hector Diaz-Stringel has been named President and General Manager of Rhein Chemie Corporation. Hector will be responsible for the Rhein Chemie North American operations and administration offices located at Chardon, Ohio. Most recently, Hector worked as Vice President of Sales and Marketing for the Rubber and Plastics Divisions of Rhein Chemie Corporation.

Diaz-Stringel has been with Rhein Chemie Corporation since 2003. Prior to joining Rhein Chemie, he held positions in process and project engineering as well as project management for Akra - Fibras Quimicas and Mabe Estufas, and in operations management for Specialty Minerals, Inc. He received his undergraduate degree in chemical engineering and management from Instituto Tecnologico y de Estudios Superiores de Monterrey and his master's degree in Business Administration from Kent State University.

About Rhein Chemie

Rhein Chemie Corporation together with its affiliates has had a successful track record in customized additives and service products stretching back over 100 years. The approximately 850-strong workforce produces and sells products for various sectors of the rubber, lubricant and plastics industries worldwide. The company is headquartered in Mannheim-Rheinau, Germany and has subsidiaries and production facilities in Europe, Asia, and North and South America. Rhein Chemie is an affiliate of LANXESS Deutschland GmbH, Leverkusen, Germany.

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