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February 08, 2012 | Company News

Seizing Opportunities in Kazakhstan

  • LANXESS signs Memorandum of Understanding with Kazakh mining group Kazphosphate
  • “Green Mobility” exhibition on the occasion of the official visit of Kazakh President Nursultan Nazarbayev in Berlin

Berlin/Leverkusen - LANXESS and the Kazakh mining group Kazphosphate have signed on February 8, 2012, a non-binding Memorandum of Understanding (MoU) in the presence of Germany’s Vice-Chancellor and Minister for Economics and Technology, Philipp Rösler, and Kazakhstan’s Minister for Industry and New Technologies, Aset Issekeshev. Under the Memorandum of Understanding, both parties have agreed to mutually explore the possibility of working together in the field of phosphorous-based downstream products in the future.

The signing took place in the course of the official visit by Kazakh President Nursultan Nazarbayev in Berlin (part of an official state visit by Kazakhstan’s President Nursultan Nazarbayev to Germany). An exhibition by several German companies was organized in the Berlin Hotel Adlon on the occasion of the visit. LANXESS, in the presence of Board Member Dr. Werner Breuers, presented itself with an exhibition stand on the topic of “Green Mobility”.

Forward-Looking Statements

This news release contains 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.

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