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.
Change of leadership in LANXESS Board of Management
The Supervisory Board of LANXESS AG has resolved at its meeting today to end, by mutual agreement, the appointment of Axel C. Heitmann as Member and Chairman of the Board of Management of LANXESS AG, effective the end of February 28, 2014.
LANXESS brings expanded cresol plant on stream
Specialty chemicals company expands production capacity for high-grade intermediate by 20 percent / EUR 20 million investment / Improved energy utilization
LANXESS narrows full-year guidance range in a challenging market environment
EBITDA pre exceptionals in 2013: between EUR 710 million and EUR 760 million / Q3 with volume growth in all segments; continued pressure on prices
LANXESS road test: trucks achieve fuel savings of almost 10 percent due to “Green Tires”
Truck tire road test with chemical logistics provider TALKE / Results verified by TÜV Rheinland
LANXESS subsidiary Bond-Laminates expands lightweight plastics production in Brilon
75 percent expansion of production capacities / Completion of capacity expansion scheduled for summer 2014 / First anniversary of innovative Tepex technology under the umbrella of specialty chemicals company LANXESS
LANXESS increases competitiveness
LANXESS is countering the challenging business environment with a comprehensive efficiency program.
LANXESS now managing its global business from Cologne
LANXESS AG has successfully completed the move of its Group headquarters from Leverkusen to Cologne. With its approximately 1,000 employees, it now occupies the LANXESS Tower at Kennedyplatz 1 in the district of Deutz.
New LANXESS Fuel Savings Calculator for fleets
“LANXESS Vehicle Fleet Calculator” summarizes potential fuel savings in public and private fleets from the use of “green tires” / Program developed jointly with the Technical University of Munich
LANXESS: 2013 to remain challenging
LANXESS expects the business year 2013 to remain challenging after the German specialty chemicals company posted a decline in second quarter sales and earnings.