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LANXESS raises its guidance for fiscal year 2018 after strong first quarter

Net income improved by 23 percent to EUR 96 million

04-May-2018

Specialty chemicals company LANXESS has followed up its successful fiscal year 2017 by posting the best quarterly result in its history, and has raised its earnings guidance for 2018. In the opening quarter, global sales rose by almost 7 percent to EUR 2.565 billion, compared with EUR 2.401 ...

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LANXESS renews contract with CEO Matthias Zachert ahead of time

04-May-2018

At its ordinary meeting, the Supervisory Board of LANXESS AG appointed Matthias Zachert (50) as Chairman of the Group’s Board of Management for another five years, thus renewing his contract ahead of time. His new term in office will begin on April 1, 2019. “Under the management of Matthias ...

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Record year for LANXESS

Strong volume increase in all segments

15-Mar-2018

Specialty chemicals company LANXESS continues its profitable growth path. The company ended fiscal year 2017 with record earnings. LANXESS has also made a good start to the new year. EBITDA pre exceptionals rose by 29.6 percent in fiscal year 2017 to EUR 1.29 billion, the highest result in the ...

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LANXESS: Changes at the top of the Supervisory Board

Dr. Rolf Stomberg will resign from his office after the Annual Stockholders’ Meeting in May 2018

14-Mar-2018

Changes lie ahead for the top of the Supervisory Board for the specialty chemicals company LANXESS. The Board’s current Chairman, Dr. Rolf Stomberg (77) will resign from his office as a member and Chairman of the Supervisory Board after the end of the Annual Stockholders’ Meeting on May 15, ...

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LANXESS expands capacity for Macrolex dyes at its Leverkusen site

Investment volume of more than five million euros

23-Feb-2018

Specialty chemicals company LANXESS will expand the capacity for Macrolex dyes at its Leverkusen site. With an investment volume of more than five million euros, the current production capacity is to be increased by 25 percent, which will be available from the end of 2018. “With this capacity ...

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LANXESS successfully completes acquisition of Solvay’s phosphorus additive business

09-Feb-2018

Specialty chemicals company LANXESS has successfully completed the purchase of the phosphorus chemicals business from Belgian chemicals group Solvay including its U.S. production site in Charleston, South Carolina. All relevant antitrust authorities have cleared the transaction. LANXESS and ...

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Saltigo celebrates 50 years of pioneering chemistry

Five decades of the Central Organics Pilot Plant (ZeTO) in Leverkusen

01-Dec-2017

Saltigo GmbH, a wholly owned subsidiary of specialty chemicals company LANXESS, has not one, but two reasons to celebrate in November 2017. The Central Organics Pilot Plant (ZeTO) run by the custom synthesis specialist can look back on 50 years in operation at the Leverkusen site. The ZeTO ...

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LANXESS expands global production network for high-tech plastics

Approximately EUR 20 million to be invested in new plant in Changzhou

24-Nov-2017

Specialty chemicals company LANXESS is strengthening its presence in the growth market China: The Cologne-based company is building a new plant for high-performance plastics in Changzhou for around EUR 20 million. From Q2 2019, the compounding plant is to produce up to 25,000 metric tons of ...

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LANXESS: Holger Hüppeler to lead the Inorganic Pigments business unit

17-Nov-2017

Holger Hüppeler (50) will take over the management of the Inorganic Pigments (IPG) business unit at the specialty chemicals company LANXESS from December 1, 2017. The current manager of the Procurement and Logistics group function will succeed Jörg Hellwig (52), who has been the driving force ...

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LANXESS plans to acquire phosphor additive business in the US

With an excellent third quarter LANXESS aims on record year

16-Nov-2017

Specialty chemicals company LANXESS is expanding its Additives segment and plans to acquire the phosphorus chemicals business with a US production site from Belgian chemical group Solvay. Both companies have signed an agreement to this effect. The transaction is projected to conclude in the first ...

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