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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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2011-04-15

LANXESS to expand capacities for high-performance rubber in U.S.

Additional 20,000 tons per year SSBR and Nd-PBR in Orange, Texas / Completion of debottlenecking project for 15,000 tons per year Nd-PBR in Orange / New five-year supply agreement with Korea’s Hankook Tire / Meeting growing global demand for ‘green tires’

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2011-03-17

IR_LANXESS growth story to continue

2010 Sales EUR 7.1 billion, up 41% yr-on-yr / EBITDA pre exceptionals EUR 918 million, up 97% yr-on-yr / Net income EUR 379 million vs. EUR 40 million yr-earlier / Proposed dividend: EUR 0.70 per share, up 40% yr-on-yr / Outlook 2011: Sales and EBITDA pre exceptionals to increase yr-on-yr / ‘GOFOR1.4’ initiative on track

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2011-03-09

IR_LANXESS to expand global production network for high-tech plastics

LANXESS breaks ground on new compounding facility in the U.S. / Joint venture between LANXESS and DuPont to double capacity in Germany / Recent investments for high-tech plastics reach Euro 75 million

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