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At this year’s Annual Stockholders’ Meeting, specialty chemicals company LANXESS was able to look back on a successful fiscal 2015 which saw the company drive forward with its realignment program.
Following a good first quarter, specialty chemicals company LANXESS has raised its earnings forecast for fiscal 2016. The company now expects to achieve EBITDA pre exceptionals within a corridor of EUR 900 million and EUR 950 million.
Specialty chemicals company LANXESS is increasing its pension plan assets in Germany by EUR 200 million, thereby significantly reducing its pension provisions.
Specialty chemicals company LANXESS is expanding its portfolio of material protection products by taking over the Clean and Disinfect business of US-based chemical company Chemours.
Earlier today (April 1, 2016), specialty chemicals company LANXESS and Saudi Aramco have completed the formation of their 50-50 joint venture for synthetic rubber, ARLANXEO.
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
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.
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.
Effective May 1, 2016, Dirk Van Meirvenne (52) will take charge of the Advanced Industrial Intermediates business unit at specialty chemicals company LANXESS.
Specialty chemicals company LANXESS has started up a second production line for high-performance plastics compounding at its facility in Gastonia, North Carolina, as planned.
Following a strong third quarter, specialty chemicals company LANXESS has continued to achieve solid business development, with its realignment plans progressing faster than expected.
The Supervisory Board of LANXESS AG has appointed Dr. Hubert Fink to the Board of Management. Effective October 1, 2015, the number of members of the Board of Management will thus increase from three to four.
The specialty chemicals company LANXESS and Saudi Aramco plan to establish a joint venture for synthetic rubber detailed in an agreement signed today.
As of September 21, 2015, specialty chemicals company LANXESS will be listed in the Dow Jones Sustainability Index (DJSI) World for the fifth time in a row.
Following a strong second quarter, specialty chemicals company LANXESS again raised its guidance for the full year 2015. The company now expects to achieve EBITDA pre exceptionals within a corridor of EUR 840 million and EUR 880 million.
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.