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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 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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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 accelerates profitable growth

Group-wide digitalization initiative launched

06-Sep-2017

Specialty chemicals company LANXESS intends to accelerate measures for profitable growth. The company plans to further improve its stability and profitability over the next years and has set new medium-term financial targets accordingly. From 2021, the operating margin – measured in terms of ...

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LANXESS: A very successful 2016 and a strong start to 2017

Preparations for planned Chemtura acquisition progressing well

16-Mar-2017

In fiscal 2016, specialty chemicals company LANXESS successfully advanced its transformation, underscoring this with strong performance data. EBITDA pre exceptionals increased by 12.4 percent to EUR 995 million, compared with EUR 885 million a year earlier. The main drivers of this positive ...

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LANXESS again raises guidance for 2016

Planning for Chemtura integration started

10-Nov-2016

Following a strong third quarter, specialty chemicals company LANXESS has again raised its earnings guidance for 2016. The Cologne-based company now expects to achieve EBITDA pre exceptionals within a corridor of EUR 960 million and EUR 1,000 million. Previously, LANXESS had assumed earnings of ...

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LANXESS makes managerial changes

04-Apr-2014

Along with Matthias Zachert assuming his role as Chairman of the Board of Management at specialty chemicals company LANXESS, leadership changes at two business units and country entities, as well as one group function, are coming into effect. Jorge Nogueira, currently head of the business unit ...

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Matthias Zachert takes over as LANXESS’ Chairman of the Board of Management

02-Apr-2014

Matthias Zachert has assumed his role as Chairman of the Board of Management of specialty chemicals company LANXESS AG as of April 1, 2014. "I am looking forward to the new tasks back at my former workplace. In the coming weeks and months, we will work hard together to find solutions on how we ...

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