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2011-07-19

LANXESS raises sustainability profile

Specialty chemicals company LANXESS is raising its sustainability profile and joining the world's biggest and most rapidly growing initiative for corporate social responsibility (CSR), the United Nations Global Compact.

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2011-07-08

Rhein Chemie acquires release agents for the tire industry from Wacker

Acquisition makes Rhein Chemie the world leading supplier of tire release agents

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2011-06-01

LANXESS selects Singapore as site for world’s largest Nd-PBR plant

EUR 200 million investment / New 140,000 metric tons per year plant / Construction of butyl rubber plant on track / Strong demand for ‘green tires’

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2011-05-16

LANXESS places EUR 500 million bond

Seven year maturity / 4.125% per year coupon / Extension of debt maturity profile until 2018

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2011-05-11

LANXESS to exceed EUR 1 billion EBITDA in 2011

Q1 EBITDA pre EUR 322 million, up 38% / Q1 sales EUR 2.1 billion, up 29% yr-on-yr / Q1 net profit EUR 166 million, up 60% / All segments and regions record double-digit growth / Outlook: FY EBITDA pre to grow 10-15% vs. 2010

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2011-04-15

LANXESS to expand capacities for high-performance rubber in U.S.

Additional 20,000 tons per year SSBR and Nd-PBR in Orange, Texas / Completion of debottlenecking project for 15,000 tons per year Nd-PBR in Orange / New five-year supply agreement with Korea’s Hankook Tire / Meeting growing global demand for ‘green tires’

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2011-03-17

IR_LANXESS growth story to continue

2010 Sales EUR 7.1 billion, up 41% yr-on-yr / EBITDA pre exceptionals EUR 918 million, up 97% yr-on-yr / Net income EUR 379 million vs. EUR 40 million yr-earlier / Proposed dividend: EUR 0.70 per share, up 40% yr-on-yr / Outlook 2011: Sales and EBITDA pre exceptionals to increase yr-on-yr / ‘GOFOR1.4’ initiative on track

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2011-03-09

IR_LANXESS to expand global production network for high-tech plastics

LANXESS breaks ground on new compounding facility in the U.S. / Joint venture between LANXESS and DuPont to double capacity in Germany / Recent investments for high-tech plastics reach Euro 75 million

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2011-03-01

IR_LANXESS acquires Syngenta’s Material Protection business

LANXESS to become a leading biocide supplier for construction materials / Long-term strategic partnership between both companies / LANXESS strengthens focus on megatrend urbanization

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2011-02-15

IR_LANXESS steps up commitment to biobased raw materials

USD 17 million invested in Gevo’s IPO / 10-year exclusive supply agreement with Gevo / Biobased butyl rubber successfully produced in tests

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2011-02-07

LANXESS to adjust asset structure in India

Specialty chemicals group LANXESS is taking steps to adjust its asset structure in India. Production facilities in Madurai, Tamil Nadu state, will be relocated to the company’s recently-opened site in Jhagadia, Gujarat state. This will affect facilities manufacturing leather chemicals, material protection products as well as products from Rhein Chemie.

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2011-02-03

LANXESS AG: Dr. Bernhard Düttmann to become Chief Financial Officer

The Supervisory Board of LANXESS AG agreed at its extraordinary meeting today to revoke the contract of Matthias Zachert (43), Member of the Board of Management and Chief Financial Officer, as of March 31, 2011. Zachert had requested the Board to do so accordingly. In his current function, he has been a Member of the Board of Management since 2004.

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2011-01-25

LANXESS: CFO Matthias Zachert to assume other responsibilities outside the company

Supervisory board will shortly address the issue of appointing a successor

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