Lanxess

Specialty chemicals company Lanxess signed a contract to sell its Urethane Systems business to Japanese UBE Corporation. The enterprise value amounts to 460 million euros with expected proceeds of around 500 million euros. With this transaction Lanxess exits the last remaining polymer business...

With its “Forward” action plan, special chemical company Lanxess counteracts the phase of weak economic development. This will initially save Lanxess around 100 million euros in 2023 through one-time cost reductions and lower investments. In addition, the group is positioning itself more efficiently and will permanently reduce its annual costs...

Despite an environment characterised by many upheavals, specialty chemicals company Lanxess continues to grow on the Italian market. Sales in 2022 reached 296.4 million euros in Italy increasing by 31.4% compared to previous year's sales of 225.6 million euros.

The specialty chemicals company Lanxess is one of the world’s first plastics manufacturers to offer its customers - processors of its Durethan polyamides and Pocan polyesters (PBT) - certified values for the carbon footprint of the base resins. Certification was done by an accredited verification body and includes...

The global purpose-led science-based company, DSM, announced that it has reached an agreement to sell its Engineering Materials business to Advent International and Lanxess for an enterprise value of 3.85 billion euros. The proposed transaction marks the conclusion of DSM’s review of strategic options for...

Lanxess closed fiscal year 2021 successfully. Despite immense increases in energy, raw material and freight costs, the specialty chemicals company significantly improved its sales and earnings. Group sales amounted to 7557 billion euros in 2021, up 23.8% on the previous year’s figure of 6104 billion euros...

Specialty chemicals company Lanxess, and Matrìca, joint venture between Versalis (Eni) and Novamont, have partnered to produce sustainable biocide preservatives from renewable raw materials. Starting in January 2022, the Matrìca plant at Porto Torres (Sardinia, Italy) will supply Lanxess with bio-based raw materials from...

Specialty chemicals company Lanxess will transfer its High Performance Materials (HPM) business unit to an independent legal corporate structure. HPM is one of the leading suppliers of high-performance plastics. The materials are used primarily in the automotive, electrical and electronics industries. Electromobility in particular is...

According to a study conducted by the Nuremberg Society for Consumer Research (GfK), sales of technical consumer goods increased in 2020 despite the coronavirus pandemic. The demand for household appliances, too, remains strong because many consumers are increasingly investing in their own four walls. The result is...

The Urethane Systems business unit of specialty chemicals company Lanxess presented two new prepolymers of the Adiprene range that are produced using LF (low free) technology, so they contain very low diisocyanate content. The low free TDI Adiprene LF TR400 high-temperature prepolymer, which is based on...

Is starting the new fiscal year 2021 with confidence, Lanxess: the specialty chemicals company expects that many of its customer industries will recover and therefore anticipates Ebitda pre exceptionals of between 900 million euro and 1 billion euro for the full year...

Lanxess has taken another major step on the road to climate neutrality: the specialty chemicals company inaugurated a nitrous oxide reduction plant at its site in Antwerp on February 10, Belgium. The plant breaks down around 500 metric tons of nitrous oxide per year, which is equivalent to the climate impact of 150,000 metric tons of CO2. Lanxess…

Tepex continuous-fiber-reinforced thermoplastic composites from Lanxess are characterized by their high inherent flame-retardant properties. One of the reasons for this is their high fiber content. They therefore already pass many of the flammability tests required for typical applications without flame protection. However...