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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 ...

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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 ...

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LANXESS to sell its stake in chrome ore mine in South Africa

18-Nov-2019

Specialty chemicals company LANXESS sells its 74 percent stake in its chrome ore mine in Rustenburg/South Africa to Clover Alloys (SA) Proprietary Limited, a South African supplier of chrome fine ores. On November 15, 2019 both companies signed a corresponding agreement. The parties have agreed ...

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LANXESS to become climate neutral by 2040

Research focusing on climate neutral process and technology innovations

14-Nov-2019

Specialty chemicals company LANXESS has set itself an ambitious climate protection target. By 2040, the Group intends to become climate neutral and eliminate its greenhouse gas emissions from around 3.2 million metric tons of CO2e today. Already by 2030, LANXESS aims to cut its emissions by 50 ...

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LANXESS with stable development also in third quarter

Realignment of organometallics business

13-Nov-2019

Specialty chemicals company LANXESS performed well again in the third quarter of 2019 – despite further deterioration of the economic environment. As expected, earnings in the third quarter were only slightly weaker than in the previous year. At EUR267 million, EBITDA pre exceptionals was 3.6 ...

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LANXESS planning AI-assisted formulation development for Urethane Systems

21-Oct-2019

LANXESS is broadening its use of artificial intelligence (AI) in product development. The specialty chemicals company has launched a project aimed at expanding its range of prepolymers. The goal is to offer customers tailor-made polyurethane systems with even shorter lead times, including for ...

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LANXESS wins Responsible Care competition 2019 of German Chemical Industry Association (VCI)

30-Sep-2019

Specialty chemicals company LANXESS received on September 26 the first prize in the nationwide Responsible Care competition from the German Chemical Industry Association (VCI). The company submitted the project “Resource-efficient manufacturing of leather chemicals” (ReeL). Responsible Care is ...

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LANXESS inaugurates high-tech plastics plant in China

26-Sep-2019

Specialty chemicals company LANXESS officially inaugurated its new plant in Changzhou, China, on September 25, 2019. The compounding facility produces Durethan- and Pocan-branded high-tech plastics, especially for the automotive sector and the electrical and electronics industry. “This facility ...

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LANXESS to sell its chrome chemicals business

13-Aug-2019

Specialty chemicals company LANXESS is selling its chrome chemicals business to Brother Enterprises, a Chinese leather chemicals producer. Both companies signed a respective agreement. The transaction is still subject to approval by the relevant antitrust authorities. LANXESS expects to complete ...

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Bayer and LANXESS to sell their stakes in Currenta

07-Aug-2019

Bayer and LANXESS sell their stakes in the chemical park operator Currenta to funds managed by Macquarie Infrastructure and Real Assets (MIRA). Both companies signed corresponding agreements with MIRA on August 6, 2019. The transaction still requires the approval of the responsible authorities. ...

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