LANXESS presents first results of realignment to shareholders
At the Annual Stockholders‘ Meeting of specialty chemicals company LANXESS, held in Cologne’s LANXESS arena, Chairman of the Board of Management Matthias Zachert looked back on fiscal 2014 and presented the first results of the company’s three-phase realignment program.
LANXESS: Realignment taking effect
Specialty chemicals group LANXESS got off to a good start to 2015 in a persistently challenging market and competitive environment. EBITDA pre exceptionals climbed by a substantial 11.7 percent in the first quarter to EUR 229 million, compared with EUR 205 million in the first quarter of 2014.
Sinah Mertens to take over as Head of the Controlling Group Function at LANXESS
Sinah Mertens (46) has assumed leadership of the Controlling Group Function at specialty chemicals group LANXESS with effect from May 1, 2015.
LANXESS improves earnings in fiscal 2014 and drives realignment forward rapidly
In fiscal 2014, specialty chemicals group LANXESS substantially improved its operating result and net income in a challenging market and competitive environment.
Personnel changes on LANXESS’ Supervisory Board and Board of Management
Specialty chemicals company LANXESS will see personnel changes on both the Supervisory Board and the Board of Management.
LANXESS to maintain a constant dividend
Specialty chemicals company LANXESS intends to pay a dividend constant with that of the prior year. The Board of Management of the Cologne-based enterprise plans to propose to the Annual Stockholders' Meeting on May 13, 2015, that a dividend of EUR 0.50 per share be paid for fiscal 2014.
LANXESS: Earnings for fiscal year 2014 exceed expectations
Specialty chemicals company LANXESS expects EBITDA pre exceptionals to be higher than previously anticipated for the fourth quarter and therefore for the fiscal year 2014.
LANXESS merges Treasury and Investor Relations
Oliver Stratmann will head the new Group Function Treasury & Investor Relations (TIR) / Christoph Koch, current Head of the Group Function Treasury, leaves the company
LANXESS records solid third quarter 2014 and implements first phase of realignment
The specialty chemicals company LANXESS is making rapid progress with its three-phase realignment program.
LANXESS expands new plant for inorganic pigments in Ningbo
Specialty chemicals group LANXESS is strengthening its production network in China to meet the high level of demand for iron oxide pigments and is adding a mixing and milling plant to the pigment plant already under construction in Ningbo.
LANXESS strengthens high-tech plastics production in USA
USD 15 million investment in Gastonia, NC USD 15 million investment in Gastonia, NC / Second production line expected to start up early 2016 / Growing demand for lightweight plastics in U.S. auto market / Investment to further improve balance of polyamide value chain
Change in the Board of Management at LANXESS
Werner Breuers, Board Member of LANXESS AG and up to now responsible for the segments Performance Polymers and Advanced Intermediates, will leave the company at his own request after his contract ends on May 31, 2015, in order to pursue new challenges.
LANXESS pressing ahead with realignment, consolidating business units
Three-phase realignment program defined / Number of business units to be reduced from 14 to 10 / Administrative functions to be consolidated
LANXESS Board of Management initiates Group-wide restructuring program
As part of the realignment of LANXESS, the Board of Management has initiated a Group-wide restructuring program at its board meeting today.
LANXESS takes high-tech plastics plant in Belgium into operation
Specialty chemicals company LANXESS has taken its new plant for polyamide plastics in Antwerp, Belgium, into operation as planned.
LANXESS increases prices for Durethan base resin, film and extrusion grades
Specialty chemicals group LANXESS will increase prices effective July 1, 2014 for Durethan base resin, film and extrusion grades in Europe, Middle East and Africa by 0.12 Euro/kg.
LANXESS: New rubber production line opens in Dormagen
EUR 18 million invested in production expansion for Baypren polychloroprene solid rubber / Innovative dry finishing production technology cuts water consumption and waste gas emissions / Two new Baypren variants added to portfolio / Annual production capacity boosted by 10 percent to 63,000 metric tons of solid rubber
LANXESS presents challenging fiscal 2013 to shareholders
Dividend proposal of 0.50 Euro per share / Modest start to fiscal 2014 / Realignment of Group started / Capital increase successfully completed
Christoph Sieder leaves LANXESS and will head global communications at ABB
Christoph Sieder (43) is leaving LANXESS AG at his own request, effective June 30, 2014, and will take over the responsibility as Head of Group Communications at Swiss power and automation technology corporation ABB effective July 1,2014.