UBE Corporation

Specialty chemicals company Lanxess has completed the sale of its Urethane Systems business to Japanese UBE Corporation on 1 April 2025. The transaction had been announced in early October 2024. UBE is a global manufacturer of chemical products and listed at the Tokyo Stock Exchange...

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...