Stephanie Coßmann appointed to LANXESS Board of Management
Change in the Board of Management at LANXESS: Stephanie Coßmann (46), currently head of the Human Resources group function, has been appointed by the Supervisory Board to become member of the Board of Management and Labor Director. Coßmann, who holds a doctorate in law, will take up her new position on January 1, 2020. She succeeds Rainier van Roessel (62), who will resign from the Board and retire at the end of the year.
LANXESS signs “sustainable” revolving credit facility of EUR 1 billion
LANXESS takes an innovative approach to Group financing and has linked its main revolving credit facility to the fulfillment of ESG (Environment, Social and Governance) criteria.
LANXESS acquires Brazilian biocide manufacturer
Specialty chemicals company LANXESS is strengthening its position as one of the world’s leading manufacturers of active biocidal ingredients and formulations and has acquired Itibanyl Produtos Especiais Ltda. (IPEL).
LANXESS to sell its stake in chrome ore mine in South Africa to Clover Alloys
Specialty chemicals company LANXESS sells its 74 percent stake in its chrome ore mine in Rustenburg/South Africa to Clover Alloys (SA) Proprietary Limited, a South African supplier of chrome fine ores.
LANXESS to become climate neutral by 2040
Specialty chemicals company LANXESS has set itself an ambitious climate protection target. By 2040, the Group intends to become climate neutral and eliminate its greenhouse gas emissions from around 3.2 million metric tons of CO2e today.
LANXESS with stable development also in third quarter
Specialty chemicals company LANXESS performed well again in the third quarter of 2019 – despite further deterioration of the economic environment.
LANXESS planning AI-assisted formulation development for Urethane Systems
LANXESS is broadening its use of artificial intelligence (AI) in product development. The specialty chemicals company has launched a project aimed at expanding its range of prepolymers.
LANXESS again included in Dow Jones Sustainability Indices with top rankings
Specialty chemicals company LANXESS is to be represented in two Dow Jones Sustainability Indices again this year.
LANXESS to sell its chrome chemicals business to Brother Enterprises
Specialty chemicals company LANXESS is selling its chrome chemicals business to Brother Enterprises, a Chinese leather chemicals producer. Both companies today, August 12, 2019, signed a respective agreement.
Bayer and LANXESS to sell their stakes in Currenta to Macquarie Infrastructure and Real Assets
Bayer and LANXESS sell their stakes in the chemical park operator Currenta to funds managed by Macquarie Infrastructure and Real Assets (MIRA), the world's largest infrastructure investor.
LANXESS remains on track after a stable second quarter
Specialty chemicals company LANXESS is on track despite the weaker economy and geopolitical uncertainties and can look back on a stable second quarter.
LANXESS confirms earnings forecast for fiscal year 2019
Specialty chemicals company LANXESS confirms its earnings forecast for the current fiscal year and expects earnings to remain stable compared with the previous year.
LANXESS looks back on successful year and increases dividend again
At this year’s Annual Stockholders’ Meeting, specialty chemicals company LANXESS gave a positive review of the past fiscal year.
Anno Borkowsky appointed to the LANXESS Board of Management
The Supervisory Board of LANXESS AG has appointed Anno Borkowsky (60) to the Board of Management of the specialty chemicals company, effective June 1, 2019.
LANXESS: Stable business development in the first quarter of 2019 despite economic downturn
Specialty chemicals company LANXESS has made a solid start to the new fiscal year despite the weakening economy. In the first quarter of 2019, EBITDA pre exceptionals rose by 1.9 percent to EUR 275 million compared with EUR 270 million in the strong previous-year quarter.
LANXESS to deploy artificial intelligence in product development
LANXESS is set to break new ground when it comes to the development of customer-specific high-performance plastics. By deploying artificial intelligence (AI), the specialty chemicals company is looking to drastically cut the amount of time it takes to develop new materials.
LANXESS presents first CEO Safety Award
Specialty chemicals company LANXESS has presented the CEO Safety Award for the first time.
LANXESS achieves strong result in 2018 and makes a solid start to the new fiscal year
Specialty chemicals company LANXESS closed its fiscal year with a strong result.
New LANXESS startup: Online marketplace CheMondis launched successfully
CheMondis, a new global online marketplace for chemical products, has been successfully launched.
LANXESS decides to buy back shares and strengthens pension assets
The Board of Management of specialty chemicals company LANXESS decided to make use of the authorization granted by the Stockholders’ Meeting on May 20, 2016 and to acquire own shares of up to EUR 200 million (excluding incidental costs) via the stock exchange.