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401 Current news of Lanxess
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LANXESS robust in first quarter of 2020 despite coronavirus crisis
Compensation reduction for Supervisory Board, Board of Management and top management level
06-May-2020
Specialty chemicals company LANXESS proved robust in the first quarter of the year – despite the weak economic environment due to the coronavirus pandemic. Earnings in the new Consumer Protection segment and in the Specialty Additives segment developed positively, significantly mitigating the ...
LANXESS completes sale of its Currenta stake
04-May-2020
Specialty chemicals company LANXESS April 30, 2020 completed the sale of its 40 percent stake in chemical park operator Currenta to Macquarie Infrastructure and Real Assets (MIRA). Both companies had reached an agreement to this effect in August 2019. LANXESS realized an equity value of EUR 780 ...
Marcel Beermann to head LANXESS’ Global Procurement and Logistics group function
09-Apr-2020
Marcel Beermann (47) will take over as head of the Procurement and Logistics group function at specialty chemicals company LANXESS on June 1, 2020. He succeeds Frederique van Baarle (48), who will become head of the High Performance Materials business unit on the same date. Beermann is currently ...
Frederique van Baarle to head LANXESS’ High Performance Materials business unit
12-Mar-2020
Frederique van Baarle (48) will take over as head of the High Performance Materials business unit at specialty chemicals company LANXESS with effect from June 1, 2020. The business unit's portfolio mainly comprises high-performance plastics for the automotive and electronics industries. The Dutch ...
LANXESS achieves full-year target for 2019 despite challenging environment
Leather business unit reported as a discontinued operation
11-Mar-2020
Specialty chemicals company LANXESS had a successful fiscal year 2019 in an increasingly challenging economic environment. EBITDA pre exceptionals increased by 3.3percent to EUR1.019billion. As guided, the earnings came in roughly in the middle of the range of EUR1.00billion to ...
Michael Zobel to head LANXESS subsidiary Saltigo
Torsten Derr to leave LANXESS in mid 2020
11-Feb-2020
Personnel change at specialty chemicals company LANXESS: Michael Zobel (50), currently head of the High Performance Materials (HPM) business unit, will take over the management of LANXESS subsidiary Saltigo from Torsten Derr (50) on June 1, 2020. Saltigo is one of the leading suppliers in the ...
LANXESS completes acquisition of Brazilian biocide manufacturer IPEL
05-Feb-2020
LANXESS completed the acquisition of Itibanyl Produtos Especiais Ltda. (IPEL). The competent anti-trust authorities approved the transaction beginning of January. IPEL with headquarters in Jarinu, São Paulo, is one of Brazil’s leading biocide manufacturers and generated sales in the lower ...
LANXESS completes sale of chrome chemicals business
13-Jan-2020
Specialty chemicals company LANXESS completed the sale of its chrome chemicals business. The buyer is Brother Enterprises, a Chinese leather chemicals producer. All relevant antitrust authorities have given the necessary approvals for the transaction, which was announced in August 2019. Upon ...
Stephanie Coßmann appointed to LANXESS Board of Management
12-Dec-2019
Change in the Board of Management at LANXESS: Stephanie Coßmann (46), currently head of the Human Resources group function, has been appointed by the Supervisory Board to become member of the Board of Management and Labor Director. Coßmann, who holds a doctorate in law, will take up her new ...
LANXESS acquires Brazilian biocide manufacturer
03-Dec-2019
Specialty chemicals company LANXESS has acquired Itibanyl Produtos Especiais Ltda. (IPEL). The family-run company with headquarters in Jarinu, São Paulo, is one of Brazil’s leading biocide manufacturers and generated sales in the lower double-digit million euro range in 2018. Both companies ...
