FRANKFURT, March 19 (Reuters) - Lanxess, the world’s No.1 maker of synthetic rubber, is in talks with potential strategic partners in three world regions, its Chief Executive Matthias Zachert said on Thursday.
Discussions in two regions were at an extensive stage, according to Zachert, describing talks with a partner in a third world region as “moderate”.
Sources told Reuters last month Lanxess was in talks with Russia’s NKNK and state-owned Saudi Arabian Oil Co (Saudi Aramco) to sell a stake in its tyre rubber business.
“Regarding the names that were mentioned by the press here and there, I wouldn’t be surprised if you come up with new names soon,” Zachert told journalists at a press conference.
He added that the revision of the group’s global network of synthetic rubber sites had not been completed yet. The company unveiled plans on Thursday to close a German site.
Reporting by Ludwig Burger; Editing by Kirsti Knolle