The Red Rectangle is known to be particularly rich in polycyclic aromatic hydrocarbons (PAHs). The presence of such carbon-bearing macromolecules in the X-shaped nebular component, while the equatorial regions are known to contain silicate-rich (O-bearing) dust grains, was interpreted as due to a change of the O/C abundance ratio of the primary star during its late evolution. However, PAHs could also be formed as a result of the development of a central photondissociation region, a region in which a very active chemistry appears due to dissociation of stable molecules by the UV emission of the central stellar system. The Red Rectangle was the first nebula around an evolved star in which an equatorial disk in rotation was well identified (the existence of such disks has been demonstrated only in a few of these objects, only expansion is observed in most of them). However, the disk absorbs the stellar light and is practically not seen in the beautiful optical image, which mainly represents a relatively diffuse outflow that is very probably formed of material extracted from the denser disk. The distinct rungs suggest several episodes of increased ejection rate.