LANXESS SOLUTIONS KOREA LLC

LANXESS Solutions Korea LLC, addressing its nature of business, presented in English:

Company Introduction: LANXESS Solutions Korea LLC

Overview:

LANXESS Solutions Korea LLC is the South Korean subsidiary of LANXESS AG, a leading global specialty chemicals company headquartered in Cologne, Germany. LANXESS AG develops, manufactures, and markets chemical intermediates, additives, specialty chemicals, and plastics worldwide.

Nature of Business in South Korea:

LANXESS Solutions Korea LLC serves as the primary operational entity for LANXESS AG within the Republic of Korea. Its role is multifaceted:

1. Commercial Hub (Trading/Distribution Function): A significant part of its operations involves the sales, marketing, distribution, and technical support for LANXESS's diverse portfolio of products imported into the Korean market. In this aspect, it functions like a trading or distribution company, connecting global LANXESS supply chains with local Korean customers across various industries (e.g., automotive, electronics, construction, consumer goods).

2. Representation of Manufacturing Activities (Factory Aspect): While LANXESS Solutions Korea LLC itself might be primarily registered as the legal and commercial entity, LANXESS AG does operate manufacturing facilities (factories) in South Korea for specific product lines (historically, this has included areas like inorganic pigments or certain performance materials, though portfolios can evolve). LANXESS Solutions Korea LLC, as the country subsidiary, would represent and likely be involved in the administrative or commercial aspects related to these local production sites.

Conclusion on Type:

It is most accurate to describe LANXESS Solutions Korea LLC as the South Korean subsidiary of a global specialty chemicals manufacturer. It combines strong commercial and distribution functions (like a trading company) with representation and potential oversight related to local manufacturing operations (factories) owned by the parent group within Korea. It is not solely a factory nor solely a trading company but rather the comprehensive entity managing LANXESS's overall business interests in the country.

Core Activities:

The company provides high-quality specialty chemical solutions, technical expertise, and services to customers in South Korea, supporting innovation and growth in key local industries. It acts as the main point of contact for LANXESS products and services within the Korean market.

a list of product categories typically produced or sold by Lanxess globally, which would likely be handled by LANXESS SOLUTIONS KOREA LLC in the South Korean market. The specific portfolio might vary, but it generally includes products from Lanxess's main business segments.

the list in English:

LANXESS SOLUTIONS KOREA LLC typically offers products from the following categories:

1. Advanced Intermediates:

Basic and fine chemicals used as precursors for various industries like agrochemicals, pharmaceuticals, polymers, coatings, and specialty chemicals.

Examples: Benzyl products, Toluidines, Phthalic Anhydride, Maleic Anhydride, Benzaldehyde derivatives, etc.

2. Specialty Additives:

Plastic Additives: Flame retardants (e.g., phosphorus-based), plasticizers (phthalate-free options), modifiers.

Lubricant Additives: Additive packages and single components for industrial and automotive lubricants.

Rubber Additives (Rhein Chemie business line): Antioxidants, accelerators, vulcanizing agents, release agents, bonding agents, bladders for tire manufacturing.

Colorant Additives: Inorganic pigments (e.g., Bayferrox® and Colortherm® iron and chromium oxides for construction, paints, plastics), organic dyes (e.g., Macrolex® for plastics).

Paint & Coating Additives: Biocides, dispersants, rheology modifiers.

3. Consumer Protection:

Material Protection Products: Biocides and preservatives (e.g., Preventol®) for protecting materials like wood, paints, coatings, and industrial fluids from microbial degradation.

Disinfection Technologies: High-level disinfectants for animal health (e.g., Virkon™), industrial, and healthcare applications.

Liquid Purification Technologies: Ion exchange resins (Lewatit®) and reverse osmosis membrane elements (Lewabrane®) for water treatment.

Beverage Technology: Stabilization and sterilization technology (e.g., Velcorin®).

(Note: Lanxess divested its High Performance Materials (HPM) business unit, which included Durethan® (polyamide) and Pocan® (polybutylene terephthalate), to Advent International, forming the new company Envalior. While historically part of Lanxess, these specific engineering plastics are now primarily handled by Envalior, although Lanxess Solutions Korea might still be involved in some transitional distribution or related activities depending on agreements.)

This list provides a general overview. For the most accurate and up-to-date information on the specific products offered by LANXESS SOLUTIONS KOREA LLC, it is best to consult the official Lanxess website or contact their Korean office directly.