Specialty chemicals group LANXESS leather marketing headquarters in Asia will be relocated from Hong Kong to Singapore from July 1, 2008 and the relevant logistics business in the Chinese market will also be accepted by the headquarters in Singapore. This means that in the future most of the leather business orders and wholesale in Asia will be under the management of "Asia Center." In the second half of the year, consumers benefit from improved supply chain management processes. The company official said that as one of the world's leading manufacturers of leather chemicals, our goal is to provide our customers with quality products and first-class service. The head of the company said Singapore is already the ready, largest and most efficient leather chemicals wholesale center in Asia and will be the company's most important sales outlet in the world in the future. The Asia Pacific region is very important to LANXESS. LANXESS company in Singapore, a sales company responsible for the entire Southeast Asia business unit marketing and sales. For LANXESS, site selection is strategically important throughout the region for building sales and marketing hubs, and site selection is crucial to the company's growth in Asia. Singapore's ready-to-use information technology ensures the company's business productivity. Jürgen Hackenbroich, head of marketing for Asia Pacific at the company's leather division, said other determinants include Singapore's environmental stability and strategic location. In addition, the Singapore port has the advantage that the loading and unloading vessels here transport the goods to the world in the shortest time. Singapore has 140,000 vessels a year, belonging to 200 shipping companies, connecting 600 ports in 123 countries. Singapore handles about a fifth of container traffic in the world. These superior logistics conditions to ensure the company's rapid delivery and the credibility of the company is essential. LANXESS is a large specialty chemical company with sales of 6.61 billion euros in 2007 and currently employs about 15,200 people in 21 countries. The company currently has 44 production sites worldwide, and its core business is the development, production and sale of plastics, rubber, intermediates and specialty chemicals.