LANXESS: Earnings for fiscal year 2014 exceed expectations
Specialty chemicals company LANXESS expects EBITDA pre exceptionals to be higher than previously anticipated for the fourth quarter and therefore for the fiscal year 2014.
LANXESS merges Treasury and Investor Relations
Oliver Stratmann will head the new Group Function Treasury & Investor Relations (TIR) / Christoph Koch, current Head of the Group Function Treasury, leaves the company
LANXESS records solid third quarter 2014 and implements first phase of realignment
Annual savings of EUR 150 million from the end of 2016 / Planned reduction of approximately 1,000 positions worldwide by the end of 2016 / Exceptional charges of EUR 150 million through the end of 2016
LANXESS strengthens high-tech plastics production in USA
USD 15 million investment in Gastonia, NC / Second production line expected to start up early 2016 / Growing demand for lightweight plastics in U.S. auto market
LANXESS pressing ahead with realignment, consolidating business units
Three-phase realignment program defined / Number of business units to be reduced from 14 to 10 / Administrative functions to be consolidated
LANXESS presents challenging fiscal 2013 to shareholders
Dividend proposal of 0.50 Euro per share / Modest start to fiscal 2014 / Realignment of Group started / Capital increase successfully completed
Q1 sales down 2.5 percent to EUR 2 billion / Q1 EBITDA pre exceptionals increases by 17.8 percent to EUR 205 million / Q1 net income level with prior year at EUR 25 million
LANXESS opens high-tech plastics plant in Brazil
Annual capacity of 20,000 metric tons / Investment of around EUR 20 million
LANXESS publishes results for fiscal 2013
Full-year 2013 sales fall by nine percent to EUR 8.3 billion / EBITDA pre exceptionals declines by 40 percent to EUR 735 million
LANXESS narrows full-year guidance range in a challenging market environment
EBITDA pre exceptionals in 2013: between EUR 710 million and EUR 760 million / Q3 with volume growth in all segments; continued pressure on prices
LANXESS commissions CO2 concentration unit at Newcastle site in South Africa
EUR 40 million investment supports future growth of sodium dichromate production / 25 percent reduction in CO2 emissions
LANXESS: 2013 to remain challenging
Q2 sales EUR 2.1 billion, down 12 percent / Q2 EBITDA pre exceptionals EUR 198 million, down 45 percent