LANXESS completes sale of its Urethane Systems business to UBE Corporation

Cologne

Specialty chemicals company LANXESS has completed the sale of its Urethane Systems business to Japanese UBE Corporation on April 1, 2025. UBE is a global manufacturer of chemical products and listed at the Tokyo Stock Exchange.

All relevant antitrust authorities had granted the necessary approvals for the transaction, which was announced in October 2024. With completion of this transaction, LANXESS has received gross cash proceeds of approximately €500 million. The enterprise value amounts to €460 million.

LANXESS intends to use the proceeds to redeem its €500 million benchmark bond which matures in May 2025. The leverage ratio (net financial debt / EBITDA pre) will be reduced to ~3x.

“With this sale, we conclude our portfolio transformation and at the same time achieve a substantial further reduction of net financial debt”, says Matthias Zachert, Chairman of the Board of Management of LANXESS AG.

Download

Information for editors:
All global LANXESS news releases and their accompanying photos can be found at http://press.lanxess.com.
Recent photos of the Board of Management and other LANXESS image material are available at http://photos.lanxess.com.

 

Contact

PRESS RELEASE
climateneutral2014

LANXESS remains at the forefront of sustainability

January 09, 2026
X-PLAIN
Christmas homemade gingerbread cookies on wooden table

Cinnamon – the scent of Christmas

December 04, 2025
PRESS RELEASE
LewaPlus® calculation and design software

LewaPlus Online: Design software for ion exchange systems now browser-based

December 03, 2025
PRESS RELEASE
Electric car charging socket

From Energizing Chemistry to Energizing Batteries – LANXESS Celebrates 20 Years of Innovation at Battery Show North America 2025

September 18, 2025
PRESS RELEASE

LANXESS Expanding U.S. Rubber Additives Production

September 05, 2025