We present infrared spectroscopy and millimeter photometry and spectroscopy
of the peculiar carbon star IRAS 09425-6040. The 2-15 mum spectrum, as wel
l as the CO millimeter line observations are typical for a (J-type) carbon
star with moderate mass-loss rate. The 15-45 mum spectrum is dominated by s
trong emission bands from Mg-rich and Fe-poor crystalline silicates. IRAS 0
9425-6040 has the highest abundance of crystalline silicates (75 per cent)
observed in any source so far. The ISO data, combined with IRAS and millime
ter wavelength photometry indicate the presence of large cold grains. The o
bservations indicate that the carbon star IRAS 09425-6040 is surrounded by
a stationary, massive; highly crystalline oxygen-rich dust disk which is de
pleted of gas. These properties are very similar to those of tl-le disk see
n in the Red Rectangle. We propose that IRAS 09425-6040 is the evolutionary
progenitor of the central binary of the Red Rectangle nebula.