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LANXESS significantly expands benzyl alcohol capacity

19-Mar-2019

Specialty chemicals company LANXESS is expanding its production capacity for the industrial chemical benzyl alcohol for the global market by around 30 percent. The two-stage expansion of the plant at the German site in Krefeld-Uerdingen is scheduled for completion by the end of 2019. A low ...

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LANXESS achieves strong result in 2018 and makes a solid start to the new fiscal year

Net income increased significantly to EUR 431 million

15-Mar-2019

LANXESS closed its fiscal year with a strong result. In 2018, EBITDA pre exceptionals increased by 9.8 percent to EUR 1.016 billion. As forecast, earnings are at the upper end of the range of 5 to 10 percent above the previous year’s figure of EUR 925 million (without ARLANXEO). “Despite rising ...

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LANXESS invests in production for ion exchange resins in Leverkusen, Germany

Investment of seven-figure EUR amount

12-Nov-2018

Specialty chemicals company LANXESS is investing in its ion exchange resin production facility at the Leverkusen, Germany, site. The company is optimizing its process technology and operating efficiency for a seven-figure EUR amount. The project is scheduled for completion in the first half of ...

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LANXESS: Bettina Blottko to head Liquid Purification Technologies business unit

15-Oct-2018

Bettina Blottko (41) will take over as head of the Liquid Purification Technologies business unit at specialty chemicals group LANXESS effective October 15, 2018. She succeeds Jean-Marc Vesselle (54), who will take on new challenges outside the company. Bettina Blottko has held various positions ...

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LANXESS extends collaboration with University of Massachusetts Amherst

Access to research on structure-property relationships, 3D printing and additive manufacturing

01-Oct-2018

LANXESS’ Urethane Systems business unit (URE) decided to prolong and extend its collaboration with the Center for UMass/Industry Research on Polymers (CUMIRP) at the University of Massachusetts Amherst, USA. From October 2018 onwards URE will additionally participate in Research Cluster M on ...

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LANXESS to build new production plant for high-performance plastics in Krefeld-Uerdingen, Germany

Investment volume in the mid double-digit million euro range

21-Sep-2018

LANXESS is continuing to invest in its global production network for high-performance plastics and is building another compounding facility at its Krefeld-Uerdingen site, Germany, for a mid double-digit million euro amount. Starting in the second half of 2019, LANXESS will produce Durethan and ...

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LANXESS plans to sell remaining 50 percent stake in joint venture ARLANXEO

Joint venture valued at EUR 3.0 billion

09-Aug-2018

Specialty chemicals group LANXESS plans to sell its remaining 50 percent stake in ARLANXEO to its joint venture partner Saudi Aramco. The two companies, that founded ARLANXEO in 2016 as a 50:50 joint venture for synthetic rubber, signed a respective agreement. The transaction is still subject to ...

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Following a good second quarter, LANXESS specifies its earnings forecast for 2018

Net income increased very sharply to EUR 126 million

02-Aug-2018

Following a good performance in the second quarter, specialty chemicals company LANXESS has specified its earnings forecast for 2018. The Group now expects an increase of the operating result at the upper end of the guidance of five to ten percent that was presented in May. In the previous year, ...

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LANXESS plans to expand its business with membrane elements in Turkey

Distribution agreement signed with Burkut

02-Aug-2018

The Liquid Purification Technologies (LPT) business unit of the specialty chemicals company LANXESS plans to expand its business with reverse osmosis membrane elements in Turkey. Correspondingly, LPT signed a distribution agreement with the Turkish Burkut INC, Izmir, regarding the sale of ...

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LANXESS strengthens research and development for aqueous polyurethane dispersions

Strategic step to support green technologies and chemistry

13-Jul-2018

Specialty chemicals company LANXESS will open a new applications development and technical services (AD & TS) laboratory for polyurethane dispersions (PUDs) in Latina, Italy. As part of the existing Urethane Systems AD & TS center, the new lab will operate as a standalone facility dedicated to ...

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