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Specialty chemicals company LANXESS and Saudi Aramco are pleased to announce the members of the Executive Board of ARLANXEO, their previously announced 50:50 synthetic rubber joint venture.
EBITDA pre exceptionals increases by 9.5 percent to EUR 885 million / EBITDA margin improves from 10.1 to 11.2 percent / Net income advances substantially to EUR 165 million / Sales level with the prior year at around EUR 7.9 billion / Proposed dividend 20 percent higher at EUR 0.60 per share
LANXESS continues to expand its range of polyamides for components used in the thermal management of LEDs and electrical devices. The newest member of the product family, with high mineral reinforcement, is Durethan TP 723-620.
LANXESS has developed four new compounds for light-emitting diode (LED) housings and sockets. Pocan TP 555-911, -991, -912 and -992 are based on polycyclohexylenedimethylene terephthalate (PCT), a polyester used by the specialty chemicals company for the first time.
Tepex continuous-fiber-reinforced high-performance composites are continuing to establish themselves in automotive lightweight construction.
LANXESS is making its first ever appearance at the Light + Building trade show in Frankfurt, where the specialty chemicals company will be showcasing its wide-ranging portfolio of new thermoplastic materials for LEDs (light-emitting diodes) and other lighting technology.
The production of aromatic intermediates is a core competency of specialty chemicals company LANXESS, as demonstrated by a recently completed, three-year investment program totaling over EUR 20 million aimed at expanding the company's aromatics network.
LANXESS subsidiary Bond-Laminates is exhibiting new applications for its Tepex range of continuous fiber reinforced thermoplastic composites at the JEC World Composites Show & Conference 2016.
Saltigo, a wholly owned subsidiary of specialty chemicals company LANXESS, is currently experiencing a marked increase in demand for icaridin, an active ingredient in insect repellents.
Specialty chemicals company LANXESS will be unveiling the new condensate polishing module for its LewaPlus integrated design software to the expert audience at this year’s Power Plant Process Water Treatment Conference, organized by U.S. research institute EPRI (Electric Power Research Institute). The conference is taking place in St. Petersburg, Florida, on February 17-18, 2016, in the United States.
From April 1, 2016, Torsten Derr (46), currently head of the LANXESS Board of Management’s Commercial & Supply Chain Excellence Initiative, will take over as head of Saltigo, a subsidiary of the specialty chemicals company.
Specialty chemicals company LANXESS and Saudi Aramco have announced ARLANXEO, the name of their new joint venture for synthetic rubber.