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.
LANXESS AG has successfully completed the increase of its share capital, announced on 7 May, 2014, through an accelerated bookbuilding process.
Following a modest start to 2014, LANXESS is currently developing measures to realign the company.
LANXESS increases prices for inorganic pigments
Specialty chemicals group LANXESS is increasing its prices worldwide for inorganic pigments.
LANXESS: Strike at butyl rubber plant in Belgium ends
LANXESS is in the process of restarting its world-scale butyl rubber plant in Zwijndrecht, Belgium, after union-represented production employees agreed to accept the terms of a new two-year collective labor agreement and subsequently ended their strike.
LANXESS opens high-tech plastics plant in Brazil
LANXESS inaugurated its new high-tech plastics plant in Porto Feliz, Brazil: Annual capacity of 20,000 metric tons / Investment of around EUR 20 million / Up to 50 new jobs
LANXESS makes managerial changes
Along with Matthias Zachert assuming his role as Chairman of the Board of Management at specialty chemicals company LANXESS, leadership changes at two business units and country entities, as well as one group function, are coming into effect.
Matthias Zachert takes over as LANXESS’ Chairman of the Board of Management
Matthias Zachert has assumed his role as Chairman of the Board of Management of specialty chemicals company LANXESS AG as of April 1, 2014.
LANXESS publishes results for fiscal 2013
In what remains a difficult competitive environment, specialty chemicals group LANXESS expects EBITDA pre exceptionals of around EUR 200 million for the first quarter of 2014.
LANXESS divests Perlon-Monofil subsidiary to Serafin Group
Specialty chemicals company LANXESS AG has divested its wholly-owned subsidiary Perlon-Monofil to the Munich-based Serafin Group for an undisclosed amount. The transaction closes with immediate effect.
Matthias Zachert to become Chairman of the Board of Management of LANXESS AG on April 1, 2014
Matthias Zachert, currently Chief Financial Officer of Merck KGaA in Darmstadt, Germany, will take over as Chairman of the Board of Management of LANXESS AG on April 1, 2014.
LANXESS: Change of competitive environment leads to impairment in Q4 2013
Specialty chemicals company LANXESS has undergone impairment tests, according to IAS 36, that result in exceptional charges of EUR 257 million in the fourth quarter of 2013.