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LANXESS realigns water treatment business

Sale of the reverse osmosis membrane business to SUEZ

17-Jul-2020

Specialty chemicals company LANXESS continues to develop its portfolio and is reorganizing its water treatment technologies business: the company will focus on the ion exchange resins business and intends to grow here primarily in markets for high-end applications. As part of this realignment, ...

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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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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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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