At its ordinary meeting, the Supervisory Board of LANXESS AG appointed Matthias Zachert (55) as CEO of the Group for a further five years, thus extending his contract. The new mandate will begin on April 1, 2024.
“Matthias Zachert has decisively transformed LANXESS in just a few years: A manufacturer of commodities has become a true specialty chemicals company,” explained Dr. Matthias Wolfgruber, Chairman of the Supervisory Board. “This new focus offers great opportunities for LANXESS’ continued economic success. The Supervisory Board is convinced: Matthias Zachert is the right man to fully exploit this potential and continue to drive the Group forward in the coming years.”
Zachert has been Chairman of the Board of Management of LANXESS AG since April 1, 2014. He was already the Group’s Chief Financial Officer from 2004 to 2011 and played a key role in establishing the global finance organization and restructuring the portfolio. From June 2011 to March 2014, he was a member of the Executive Board and Chief Financial Officer of Merck KGaA.
Frederique van Baarle assumes position on the LANXESS Board of Management
Frederique van Baarle has taken up her position as a member of the Board of Management and Labor Director at Cologne-based specialty chemicals company LANXESS effective April 1, 2023. Until the end of March van Baarle headed the High Performance Materials business unit at LANXESS, which was ... more
LANXESS increases sales and earnings significantly in fiscal year 2022
In an environment characterised by many upheavals, LANXESS closed fiscal year 2022 successfully. The specialty chemicals company’s sales and earnings have increased significantly. Group sales amounted to EUR 8.088 billion in 2022, up 32.6 percent on the previous year’s figure of EUR 6.101 b ... more
Covestro and LANXESS cooperate to produce more sustainable raw materials with reduced CO₂ footprint
Chemical companies Covestro and LANXESS are cooperating in the energy-intensive production of basic chemicals at their Lower Rhine sites in Germany and make them more climate friendly. LANXESS sources chlorine, caustic soda and hydrogen from the ISCC PLUS-certified sites of Covestro in Leve ... more
LANXESS is a leading specialty chemicals company and operates in all important markets of the world. Its core business comprises the development, manufacture and sale of high-tech plastics, high-performance rubber, specialty chemicals and intermediates. In addition, it helps its customers i ... more
LANXESS is a specialty chemicals enterprise at the core of the chemical industry that focuses on premium businesses. To this end LANXESS employs an expert workforce with a multitude of different skills – worldwide. The LANXESS corporate philosophy is applied to our products as well as to t ... more
LANXESS is listed as the fourth largest German Chemistry Corporation in the Frankfurt Stock Exchange. With our extensive portfolio we are active in all the markets of the world. Our product pallet ranges from base, specialty and fine chemicals to plastics and rubbers. In addition, we sup ... more
