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At the Annual Stockholders‘ Meeting of specialty chemicals company LANXESS, held in Cologne’s LANXESS arena, Chairman of the Board of Management Matthias Zachert looked back on fiscal 2014 and presented the first results of the company’s three-phase realignment program.
BASF and LANXESS have signed an agreement on BASF’s purchase of the polyisobutene business consisting mainly of intellectual property for a new, innovative technology to produce high molecular weight polyisobutene (HM PIB).
Specialty chemicals group LANXESS got off to a good start to 2015 in a persistently challenging market and competitive environment. EBITDA pre exceptionals climbed by a substantial 11.7 percent in the first quarter to EUR 229 million, compared with EUR 205 million in the first quarter of 2014.
Sinah Mertens (46) has assumed leadership of the Controlling Group Function at specialty chemicals group LANXESS with effect from May 1, 2015.
Specialty chemicals company LANXESS is showcasing its broad product range for the paints and coatings industry at the European Coatings Show (ECS) in Nuremberg, Germany, from April 21 to 23, 2015. Its exhibit includes colorants, biocides, flame-retardant additives and benzyl products for manufacturing premium coating materials.
In fiscal 2014, specialty chemicals group LANXESS substantially improved its operating result and net income in a challenging market and competitive environment.
Specialty chemicals company LANXESS will see personnel changes on both the Supervisory Board and the Board of Management.
The focus of LANXESS’ presence at the VDI conference “Plastics in Automotive Engineering” is on the great opportunities that designs based on the continuous-fiber-reinforced thermoplastic composite Tepex offer for the cost-effective lightweight construction of automobiles.
LANXESS subsidiary Bond-Laminates GmbH has taken into operation a demonstration cell for processing Tepex continuous-fiber-reinforced thermoplastic composites at the Brilon site. This enables Tepex to be both formed in a fully automated, near-series process and also simultaneously formed and overmolded in a hybrid molding process.
The Tepex thermoplastic composites from LANXESS are becoming increasingly popular for the lightweight construction of automobiles. Front ends, brake pedals, undercarriage components, seat shells and carriers for infotainment modules, for example, are now being manufactured with continuous-fiber-reinforced composites.