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2011-01-13

IR_LANXESS on expansion course in India

Groundbreaking for high-tech plastics facilities / Initial capacity of 20,000 metric tons per year / Start-up at the beginning of 2012 60 new jobs created / Official start of LANXESS’ Year of High-Tech Plastics / Further investments in Jhagadia being considered

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2011-01-12

LANXESS makes first acquisition in Argentina

LANXESS is expanding its activities in Latin America. The specialty chemicals company’s wholly-owned subsidiary Rhein Chemie has acquired Argentina-based Darmex S.A. – a leading manufacturer of release agents and curing bladders for the tire industry.

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2010-12-14

IR_LANXESS to acquire DSM Elastomers

LANXESS to strengthen production technology for EPDM / Important step towards mid-term earnings target / Future EPDM headquarters to be located in Sittard-Geleen, NL

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2010-12-09

IR_LANXESS: Largest Leather Chemicals investment in China ever

New plant at Changzhou Yangtze Riverside Industrial Park / Capacity of up to 50,000 metric tons per year / 150 new jobs to be created

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2010-12-02

IR_LANXESS starts up new plant for ion exchange resins in India

Today, specialty chemicals group LANXESS opened Asia’s most state-of-the-art plant for ion exchange resins in India. The new plant was constructed over a period of two years in the chemical park in Jhagadia in the Indian state of Gujarat.

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2010-11-10

IR_Megatrend mobility drives strong earnings momentum in Q3

Q3 sales EUR 1.85 billion, up 35% yr-on-yr / Q3 EBITDA pre exceptionals EUR 244 million, up 71% yr-on-yr / Q3 net profit EUR 118 million vs. EUR 23 million yr-earlier / One-off payment for employees planned / Synthetic rubber and high-tech plastics profit from mega-trend mobility / Raised FY outlook: EBITDA pre exceptionals expected at roughly EUR 900 million

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2010-11-08

IR_LANXESS buys businesses from Flexsys

Acquisitions strengthen rubber chemicals portfolio

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2010-10-28

IR News: LANXESS invests EUR 9 million to expand EVM production

Specialty chemicals company LANXESS is to expand annual production capacity at its Dormagen site for its ethylene-vinyl acetate copolymer (EVM) line sold under the product brands Levapren and Levamelt by 30 percent to 15,000 metric tons. The new capacities are due to be available from the second half of 2012.

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2010-09-27

IR_Change in Management at three LANXESS business units

Basic Chemicals Head Hans-Georg Schmitt to retire / Hubert Fink, current Head of Semi-Crystalline Products, named successor / Michael Zobel to become new Head of Semi-Crystalline Products / Jean-Marc Vesselle to head Ion Exchange Resins

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2010-09-15

IR_News_LANXESS sets ambitious growth target

EUR 1.4 billion EBITDA pre exceptionals targeted in 2015 / FY 2010 earnings forecast confirmed / Focus on megatrends and emerging markets / Further growth from investment projects and acquisitions / Product innovation promotes sustainability / Feasibility study for new Asian Nd-PBR plant

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2010-08-06

IR_NEWS_LANXESS: Strategic Positioning Paying Off

Q2 sales EUR 1.83 billion, up 48% yr-on-yr / Q2 EBITDA pre exceptionals EUR 269 million vs. EUR 112 million yr-earlier / Q2 net profit EUR 131 million vs. EUR 17 million yr-earlier / Ongoing strong demand for synthetic rubber in Asia and Latin America / ‘Challenge09-12’ global measures partly put on hold / Raised FY outlook: EBITDA pre exceptionals roughly EUR 800 million

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2010-06-28

IR_LANXESS expands capacity of butyl rubber plant in Belgium

EUR 20 million investment / Additional 14,000 tons per year / Completion in Q2, 2012

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2010-06-16

IR_LANXESS drives growth forward in India

New production facilities for engineering plastics / Initial capacity of 20,000 metric tons/year / Investment of over EUR 10 million / Start-up at the beginning of 2012

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