LANXESS Announces Plan to Acquire Chemtura
LANXESS (FRA: LXS) reaches the next milestone on its growth path: The specialty chemicals company announced plans to acquire US-based Chemtura Corporation (NYSE: CHMT), one of the major global providers of high-quality flame retardant and lubricant additives. With the largest acquisition in its history, LANXESS is building on its own additives portfolio and will become one of the world’s major actors in this growing market.
LANXESS increases earnings forecast for 2016
Specialty chemicals company LANXESS raises its earnings forecast for 2016.
LANXESS: Higher dividend after successful fiscal year 2015
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.
LANXESS raises guidance for 2016 after strong first quarter
Following a good first quarter, specialty chemicals company LANXESS has raised its earnings forecast for fiscal 2016.
LANXESS adds funding of EUR 200 million to pension assets
Specialty chemicals company LANXESS is increasing its pension plan assets in Germany by EUR 200 million, thereby significantly reducing its pension provisions.
LANXESS takes over Chemours’ Clean and Disinfect specialties business
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.
LANXESS and Saudi Aramco announce the executive team of their joint venture, ARLANXEO
LANXESS and Saudi Aramco announce the executive team of their joint venture, ARLANXEO
Successful fiscal year 2015 as foundation for growth
Successful fiscal year 2015 as foundation for growth
Specialty chemicals company LANXESS and Saudi Aramco have announced ARLANXEO, the name of their new joint venture for synthetic rubber.
LANXESS raises guidance for 2015 again and presents new strategy
Following a strong third quarter, specialty chemicals company LANXESS has continued to achieve solid business development, with its realignment plans progressing faster than expected.
Appointment of Hubert Fink to the Board of Management
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.
LANXESS and Saudi Aramco create world-leading joint venture for synthetic rubber
The world’s largest producer of synthetic rubber and the world’s largest oil and energy producer enter strategic alliance
LANXESS raises guidance for 2015 following a strong second quarter
New guidance for the full year 2015: EBITDA pre exceptionals expected between EUR 840 million and EUR 880 million / EBITDA pre exceptionals increased by 13 percent to EUR 270 million
LANXESS exceeds market expectations with strong second quarter 2015
EBITDA pre exceptionals estimated to come in at EUR 270 million / Net income expected at EUR 87 million/ Final Q2 results on August 6, 2015
LANXESS presents first results of realignment to shareholders
Three-phase realignment delivers first savings / EBITDA pre exceptionals in fiscal 2014 improves by nearly 10 percent / Dividend proposal of EUR 0.50
LANXESS: Realignment taking effect
Sales in the first three months 2015 nearly stable at EUR 2.038 billion / EBITDA pre exceptionals up nearly 12 percent in the first quarter of 2015 to EUR 229 million / First-quarter net income came in at EUR 22 million
LANXESS starts production at its new EPDM plant in China
Premium grades of EPDM tailored to Asian customer needs / Gradual ramp-up of new plant / Nameplate capacity of 160,000 metric tons per year
LANXESS improves earnings in fiscal 2014 and drives realignment forward rapidly
EBITDA pre exceptionals up nearly 10 percent to EUR 808 million / Net income improved to EUR 47 million / Proposed dividend stable at EUR 0.50 per share