LANXESS to consolidate global production of lubricant precursors
Specialty chemicals company LANXESS intends to cease production at its Ankerweg site in Amsterdam, Netherlands, where it produces base oils for industrial lubricants. Operations shall be terminated latest in November 2018.
LANXESS: Price increase for urethane products
With immediate effect the Urethane Systems business unit of specialty chemicals company LANXESS increases prices for its products.
LANXESS listed in the Dow Jones Sustainability Indices Europe and World
Specialty chemicals company LANXESS is listed again in two Dow Jones Sustainability Indices. LANXESS will again be part of the Dow Jones Sustainability Index Europe (DJSI).
LANXESS accelerates profitable growth
Specialty chemicals company LANXESS intends to accelerate measures for profitable growth. The company plans to further improve its stability and profitability over the next years and has set new medium-term financial targets accordingly.
LANXESS continues to expect record earnings for 2017 following strong second quarter
Following a good second quarter 2017, specialty chemicals company LANXESS continues to expect the highest earnings in the company’s history for the current financial year.
LANXESS to streamline the chrome value chain of its leather business
Argentinean chrome chemicals production to be discontinued / Chrome value chain to be centralized in South Africa / Stronger focus on innovative, service-intensive specialties for leather production
LANXESS increases dividend after successful fiscal year
At this year’s Annual Stockholders’ Meeting, specialty chemicals company LANXESS was able to look back at a year of strong figures and groundbreaking changes.
Specialty chemicals company LANXESS is expanding its Board of Management: effective June 1, 2017, Stephen C. Forsyth (61), a British citizen, will serve as Chief Integration Officer responsible for integrating the Chemtura businesses into the Cologne-based company.
LANXESS expects best results in company history in 2017
Specialty chemicals company LANXESS projects the highest full year results in company history, following a very strong first quarter of 2017 and the successful closing of the acquisition of U.S. based company Chemtura.
Jens-Christian Blad appointed new head of Corporate Development at LANXESS
Specialty chemicals company LANXESS has appointed a new head of Corporate Development. Dr. Jens-Christian Blad (39) will assume responsibility for the group function by September 1, 2017, at the latest.
LANXESS invests in its production site in Lillo/Antwerp
LANXESS announced plans to further strengthen its integrated production complex for polyamide and precursors for plastics in Antwerp.
LANXESS successfully completes acquisition of Chemtura
Specialty chemicals company LANXESS has successfully completed the acquisition of U.S. company Chemtura, one of the world’s leading suppliers of flame retardant and lubricant additives, earlier than originally expected effective April 21, 2017.
LANXESS invests EUR 100 million, primarily in its German sites
Specialty chemicals company LANXESS continues to target growth. During the next three years, its business unit Advanced Industrial Intermediates will be investing some EUR 100 million in expanding production facilities for chemical intermediates.
A very successful 2016 and a strong start to 2017
In fiscal 2016, specialty chemicals company LANXESS successfully advanced its transformation, underscoring this with strong performance data. EBITDA pre exceptionals increased by 12.4 percent to EUR 995 million, compared with EUR 885 million a year earlier.
Chemtura shareholders approve acquisition by LANXESS
Specialty chemicals company LANXESS (FRA: LXS) has taken a significant step forward in the planned acquisition of U.S. chemical company Chemtura (NYSE: CHMT). Chemtura’s shareholders approved the merger at a special meeting in Philadelphia, United States.
LANXESS successfully issues first hybrid bond
Specialty chemicals company LANXESS today successfully issued a hybrid bond with a volume of EUR 500 million on the European capital market.
LANXESS again raises guidance for 2016 after strong third quarter
Following a strong third quarter, specialty chemicals company LANXESS has again raised its earnings guidance for 2016.
LANXESS honored by climate protection initiative Carbon Disclosure Project
Specialty chemicals company LANXESS has received several accolades from the international investors’ initiative, the Carbon Disclosure Project (CDP).
LANXESS successfully places two EUR 500 million corporate bonds
LANXESS announced today that it has successfully placed two Euro benchmark bonds on the European capital market for the financing of the planned acquisition of the US-based specialty chemicals group Chemtura.
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.