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2011-11-10

LANXESS on track for record year

Best-ever third quarter / Q3 sales EUR 2.3 billion, up 26% yr-on-yr / Q3 EBITDA pre EUR 311 million, up 27% / Q3 net profit EUR 154 million, up 31% / FY outlook confirmed: EBITDA pre expected to rise by roughly 20% to more than EUR 1 billion

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2011-10-12

LANXESS strengthens global phthalate-free plasticizer portfolio

LANXESS is strengthening its global asset base and product portfolio for premium, environmentally-friendly phthalate-free plasticizers. The specialty chemicals company has agreed to acquire UNITEX Chemical Corporation located in Greensboro, North Carolina. Financial details were not disclosed. The transaction also represents LANXESS’ first acquisition of a manufacturing site in the United States.

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2011-10-05

LANXESS strengthens commitment to Brazilian automotive sector

Three new projects representing EUR 30 million (R$ 75 million) investment / More than 100 jobs to be created / Porto Feliz to become specialty chemicals hub / First bio-based EPDM rubber in the world to be produced in Triunfo / Extra capacities of high-performance rubber for ‘Green Tires’ / First Automotive Day to be held October 6 in São Paulo

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2011-09-26

LANXESS to expand its operations in the Netherlands

EUR 12 million investment in Geleen site / 50% of total capacity to be converted to Keltan ACE technology / New headquarters for global EPDM rubber business in Geleen

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2011-09-21

LANXESS well equipped for the imminent boom in demand for "green tires"

Specialty chemicals company LANXESS expects a boost in demand for high-performance rubbers due to the European Union tire labeling legislation that comes into effect in 2012.

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2011-09-16

LANXESS opens new chemical plant for water technology in Bitterfeld

LANXESS now a full service provider for water technology / 200 new jobs / EUR 30 million investment in new production process / Inauguration ceremony involving State Premier of Saxony-Anhalt Reiner Haseloff

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2011-09-05

LANXESS invests EUR 15 million in its glass fiber plant in Antwerp

Capacity expansion for glass fibers of 10 percent / Both glass furnaces to be replaced in the next two years / EUR 35 million expansion of caprolactam plant finalized / Recent investments for high-tech plastics reach EUR 90 million

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2011-08-11

LANXESS raises guidance after record Q2

FY EBITDA pre to grow approx. 20% vs. 2010 / Q2 EBITDA pre EUR 339 million, up 26% / Q2 sales EUR 2.2 billion, up 23% / Q2 net profit EUR 181 million, up 38% / Ongoing high demand for synthetic rubber and high-tech plastics

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2011-07-19

LANXESS raises sustainability profile

Specialty chemicals company LANXESS is raising its sustainability profile and joining the world's biggest and most rapidly growing initiative for corporate social responsibility (CSR), the United Nations Global Compact.

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2011-07-08

Rhein Chemie acquires release agents for the tire industry from Wacker

Acquisition makes Rhein Chemie the world leading supplier of tire release agents

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2011-06-01

LANXESS selects Singapore as site for world’s largest Nd-PBR plant

EUR 200 million investment / New 140,000 metric tons per year plant / Construction of butyl rubber plant on track / Strong demand for ‘green tires’

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2011-05-16

LANXESS places EUR 500 million bond

Seven year maturity / 4.125% per year coupon / Extension of debt maturity profile until 2018

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2011-05-11

LANXESS to exceed EUR 1 billion EBITDA in 2011

Q1 EBITDA pre EUR 322 million, up 38% / Q1 sales EUR 2.1 billion, up 29% yr-on-yr / Q1 net profit EUR 166 million, up 60% / All segments and regions record double-digit growth / Outlook: FY EBITDA pre to grow 10-15% vs. 2010

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