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LANXESS makes strong start to fiscal year 2022

Sales in the first quarter increase by 43.7 percent to EUR 2.432 billion

05-May-2022

In a challenging environment, specialty chemicals company LANXESS made a strong start to the year 2022. It confirmed the preliminary figures for the first quarter released on April 19. LANXESS is also confident going into the second quarter, in which the Group expects EBITDA pre exceptionals of ...

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LANXESS significantly increases sales and earnings in fiscal year 2021

Sales up 23.8 percent year-on-year at EUR 7.557 billion

11-Mar-2022

LANXESS closed fiscal year 2021 successfully. Despite immense increases in energy, raw material and freight costs, the specialty chemicals company significantly improved its sales and earnings. Group sales amounted to EUR 7.557 billion in 2021, up 23.8 percent on the previous year’s figure of EUR ...

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Lithium project: LANXESS and Standard Lithium agree on next steps

LANXESS safeguards opportunities in the attractive lithium market

25-Feb-2022

LANXESS and Standard Lithium have signed an agreement setting forth the path forward for their lithium project. After 20 months of testing on the basis of a pilot plant Standard Lithium will now in a next step, conduct a Front End Engineering Design (FEED) study in order to evaluate the potential ...

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Personnel changes at LANXESS

14-Feb-2022

There are several personnel changes at the specialty chemicals company LANXESS: Martin Saewe (55) will become the new head of the Group’s initiative for e-mobility and circular economy on April 1, 2022. Saewe is currently head of the Lubricants Additives Business (LAB) business unit. Martin Saewe ...

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LANXESS and Matrìca team up to produce sustainable preservatives from renewable raw materials

Development of new generation of sustainable preservatives

02-Feb-2022

Specialty chemicals company LANXESS and Matrìca, a joint venture between Versalis (Eni) and Novamont, have partnered to produce sustainable biocide preservatives from renewable raw materials. Starting in January 2022, the Matrìca plant at Porto Torres (Sardinia, Italy) will supply LANXESS with ...

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LANXESS expands capacity of microbial active ingredient Preventol CMK by 50 percent

Long-term trend towards more disinfection

27-Jan-2022

LANXESS is expanding its production capacity for the active ingredient Preventol CMK (chlorocresol) at the Krefeld-Uerdingen, Germany, site by around 50 percent in response to the continuing strong demand for disinfectants and industrial preservation. The specialty chemicals company has invested ...

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LANXESS to expand high-tech plastics production in China

Investment of EUR 30 million on strong market demand

25-Nov-2021

LANXESS will expand its production network in China: The specialty chemicals company will build a second compounding line for Durethan- and Pocan-branded high-tech engineering plastics at its manufacturing site in Changzhou. An important investment of around EUR 30 million will increase the ...

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LANXESS with strong third quarter of 2021

Sales up 33.5 percent year-on-year at EUR 1.951 billion

05-Nov-2021

Specialty chemicals company LANXESS holds its own also in a challenging environment: Despite a sharp rise in raw material, energy and freight costs, EBITDA pre exceptionals in the third quarter of 2021 increased by 44.0 percent to EUR 278 million, against EUR 193 million in the prior-year ...

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bp and LANXESS join forces on renewable raw materials for plastics production

14-Oct-2021

Specialty chemicals company LANXESS and energy company bp are entering into a strategic partnership for the use of sustainable raw materials in high-tech plastics production. bp will supply sustainably produced cyclohexane to the LANXESS’ production site in Antwerp, Belgium, starting in the ...

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LANXESS to acquire IFF’s microbial control business

Strengthening the specialty chemicals portfolio: expansion of the growth areas disinfection, personal care and material protection

25-Aug-2021

LANXESS is taking another big step on its growth course: the specialty chemicals company intends to take over the microbial control business of the U.S. group International Flavors & Fragrances Inc. (IFF). Both companies signed a corresponding agreement on August 23, 2021. IFF Microbial Control ...

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