Lanxess
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Lanxess responds to weak demand with plant closures and reduced earnings guidance
Lanxess has announced further cost-cutting measures, including the closure of production sites in Germany, the UK and the USA. The company has lowered its 2025 EBITDA forecast, citing continued weak demand,...
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Lanxess strengthens innovation in India with new development centre
The specialty chemicals company Lanxess has opened the India Application Development Center (IADC) in Thane, Mumbai. The centre is designed to provide new research capacity for lubricants and material...
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Lanxess expands pigment portfolio with more sustainable yellow shades
With the new Scopeblue product line, Lanxess is launching micronised iron oxide yellow pigments that have a 35% smaller carbon footprint thanks to the use of more eco-efficient raw materials.
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A big step towards a smaller footprint
Raw material suppliers can play an important role in the development of “green” coating formulations by providing low-emission materials. Chemical company LANXESS is demonstrating how this can be achieved...
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500-million-euro transaction: Lanxess sells Urethane Systems business to UBE
Specialty chemicals company Lanxess has agreed to sell its Urethane Systems business to Japan's UBE Corporation for around 500 million euros, marking the company's final exit from the polymer business....
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Lanxess expects earnings to increase by 10-20% in 2024
The speciality chemicals group Lanxess expects an increase in earnings of 10 to 20 percent for the current financial year - even though the results for the first quarter were still affected by the weak...
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Lanxess wants to save EUR 150 million per year
According to media reports, the specialty chemicals group Lanxess wants to save EUR 150 million per year. This would also require job cuts in Germany.
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Krahn Chemie expands cooperation with Lanxess
With new distribution rights, Krahn intends to strengthen the local presence of the Lanxess biocide portfolio in Germany, Austria, Belgium, and the Netherlands.
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Lanxess completes acquisition of IFF’s microbial control business
Specialty chemicals company Lanxess has completed the acquisition of the microbial control business unit of the U.S. group International Flavors & Fragrances (IFF).
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Lanxess and Matrica team up to produce sustainable preservatives
Specialty chemicals company Lanxess and Matrìca, a joint venture between Versalis and Novamont, have partnered to produce sustainable biocide preservatives from renewable raw materials.
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Lanxess launches new production line in China
Specialty chemicals company Lanxess put a new production line for the manufacture of water-based compounds into operation in Nantong, China.
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Lanxess to acquire IFFs microbial control business
Lanxess aims to become one of the world's largest suppliers of antimicrobial protection products by acquiring IFF's Microbial Control business. Lanxess will pay around USD 1.3 billion (EUR 1.1 billion)...
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Lanxess: Michael Ertl to head the Inorganic Pigments business unit
Michael Ertl (54) will take over as head of the Inorganic Pigments (IPG) business unit at Lanxess with immediate effect.
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Lanxess completes acquisition of Emerald Kalama Chemical
Lanxess has completed the acquisition of the U.S.-based specialty chemicals manufacturer Emerald Kalama Chemical.