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LANXESS completes sale of its organic leather chemicals business

03-Jun-2021

Specialty chemicals company LANXESS completed the sale of its organic leather chemicals business to TFL Ledertechnik GmbH on June 1, 2021. TFL is a global supplier of leather chemicals and a portfolio company of US investment firm Black Diamond Capital Management, L.L.C. All relevant antitrust ...

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LANXESS raises guidance for fiscal year 2021

Q1 2021 marked by strategic growth

12-May-2021

LANXESS is raising its guidance for the full year 2021 following a good first quarter: The specialty chemicals company now expects EBITDA pre exceptionals of between EUR 950 million and EUR 1 billion. Previously, the company had assumed earnings of between EUR 900 million and EUR 1 billion. At ...

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LANXESS enters battery chemistry business

Electrolyte production for lithium-ion batteries in Leverkusen, Germany

06-Apr-2021

LANXESS enters the field of battery chemistry by cooperating with Guangzhou Tinci Materials Technology Co. (Tinci), a leading global manufacturer of lithium-ion battery materials. Starting already next year, LANXESS will produce electrolyte formulations for lithium-ion batteries under the ...

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LANXESS makes a confident start to fiscal year 2021

Earnings expected to be between EUR 900 million and EUR 1 billion

12-Mar-2021

LANXESS is starting the new fiscal year 2021 with confidence: The specialty chemicals company expects that many of its customer industries will recover and therefore anticipates EBITDA pre exceptionals of between EUR 900 million and EUR 1 billion for the full year. LANXESS proved robust in fiscal ...

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LANXESS management makes sustainability its business

Board of Management compensation tied to sustainability goals

08-Mar-2021

LANXESS is embedding sustainability even more firmly in the company. A new system of compensation for the Board of Management has been in place since the beginning of the year. Roughly one-third of the variable compensation is now linked to the company’s sustainability performance. More ...

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LANXESS signs contract to acquire Emerald Kalama Chemical

Targeted portfolio expansion in the Consumer Protection segment

15-Feb-2021

Specialty chemicals company LANXESS is accelerating its growth course and signed a binding agreement to acquire 100 percent shares in Emerald Kalama Chemical on February 14, 2021. The US-based company is a globally leading manufacturer of specialty chemicals, especially for the consumer segment, ...

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LANXESS inaugurates nitrous oxide reduction plant in Antwerp

150,000 tons less CO2e emissions in the first phase

11-Feb-2021

LANXESS has taken another major step on the road to climate neutrality: the specialty chemicals company inaugurated a nitrous oxide reduction plant at its site in Antwerp on February 10, Belgium. The plant breaks down around 500 metric tons of nitrous oxide per year, which is equivalent to the ...

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LANXESS acquires biocides specialist

Further consolidation in the area of consumer protection

18-Jan-2021

Specialty chemicals company LANXESS is expanding its position as one of the world's leading manufacturers of biocides and antimicrobials by acquiring French company INTACE SAS. The Paris-based biocide company is a manufacturer of specialty fungicides for the packaging industry. LANXESS and the ...

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LANXESS aims to acquire disinfection and hygiene solutions provider Theseo

Strong presence of Theseo in Europe will complement the global material protection business of LANXESS

12-Jan-2021

Specialty chemicals company LANXESS intends to further expand its Consumer Protection business and has entered into exclusive negotiations to acquire the Theseo group. The French group, headquartered in Laval, is a leading manufacturer of disinfection and hygiene solutions in Europe and Latin ...

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LANXESS completes sale of membrane business to SUEZ

05-Jan-2021

Specialty chemicals company LANXESS completed the sale of its reverse osmosis membrane business. The business was acquired by French group SUEZ, a world leader in sustainable resource management. The parties have agreed not to disclose the purchase price. Thus, as of January 1, 2021, the ...

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