RAG Subsidiary Degussa at AchemAsia in Beijing

—Innovations and Commitments for China

Monday, May 14, 2007

“If I have to use just a few words to illustrate Degussa, it would be innovation, reliability, excellence and intelligent linking, “said Dr. Alfred Oberholz, Deputy Chairman of the Management Board of Degussa GmbH, standing in front of Degussa’s booth in Hall 6, B12 at ACHMASIA 2007. Degussa is going to show innovations for future-oriented markets, and employer branding sessions AchemAsia 2007 in Beijing, China, between May 14 and 18. Some exemplary products and system solutions testify to the company's innovative strengths:

• novel components for special hard-wearing car tires,
• flexible ceramic wallcoverings off the roll,
• renewable raw materials - the chemical building blocks of the future,
• separators for safe high-performance lithium-ion batteries in cars with hybrid drives.     
   

Also on display at Degussa's stand will be more than 30 end products in which the Group's specialty chemicals - the "essentials" of the slogan - are indispensable components, ranging from the Adidas sport shoes, in which VESTAMID® ensures good durability of the sole, and cosmetics for which Degussa supplies ceramides, to mobile phones whose displays are produced from a high-purity PLEXIGLAS® molding compound.

But Degussa will be presenting more than innovative products and system solutions at the trade show; it will also organize events and presentations at its stand to introduce to visitors the people who have worked on these innovations. Three sessions on employer branding will be held on 14 May (on 15:00 - 15:45pm) and 15 May (11:00 - 11:45am and 15:00 - 15:45pm).  

With new, record-breaking figures of 505 exhibitors from 27 different countries, 8,800 sqm of net exhibition area over five halls and a top-level international congress the 7th AchemAsia from 14 to 18 May 2007 in Beijing/PR China promises to break all previous records. The international character of AchemAsia - International Exhibition Congress on Chemical Engineering and Biotechnology - tops all comparable events in Asia and has made it the leading event for the process industries in China and the Asian region. Over 20,000 visitors are expected to attend.

“Every visitor who comes to us is warmly welcomed. We are happy and ready to take you on the journey of our chemicals wonderland.” said Dr. Yu Dahai , Chairman and CEO Degussa (China) Co. Ltd., Regional President Greater China, smiling at Degussa’s stand.

Degussa—a wholly owned subsidiary of the RAG Group—is the global market leader in specialty chemicals. Our business is creating essentials—innovative products and system solutions that make indispensable contributions to our customers’ success. In fiscal 2006 around 36,000 employees worldwide generated sales of 10.9 billion euros and operating profits (EBIT) of more than 870 million euros.  

Degussa has been producing specialty chemical products in China since the early nineties, with wide-ranging trading relations already in place prior to this. The Degussa Group meanwhile owns more than 20 companies in the country, with production sites in Anqiu, Changchun, Dalian, Jining, Liaoyang, Nanning, Nanping, Qingdao, Rizhao, Shanghai, Taiwan and Yingkou. In fiscal year 2006, 4,000 employees generated sales of 460 million euros in China, which is an increase of 60 % from 288 million Euro in 2005.