H&R AG is a specialist chemicals company. It develops and manufactures crude oil-based chemical and pharmaceutical products. It operates through the following business segments: Chemical-Pharmaceutical Raw Materials Domestic, Chemical-Pharmaceutical Raw Materials International & Precision Plastics. The Chemical-Pharmaceutical Raw Materials Domestic segment is engaged in the manufacture of crude oil-based products such as plasticizers, paraffin, white oils and base oils. The Chemical-Pharmaceutical Raw Materials International segment is engaged in the manufacture of plasticizers for the tire industry and wax emulsions for the building material industry. The Plastics segment produces plastic parts and the moulds needed to manufacture them mainly for the automotive industry. The company was founded in 2001 and is headquartered in Salzbergen, Germany.