Golden
Lanxess

Lanxess

A specialty chemical company manufacturing and marketing chemical intermediates, additives, specialty chemicals and plastics.

Lanxess is a specialty chemical company manufacturing and marketing chemical intermediates, additives, specialty chemicals and plastics that is headquartered in Cologne, Germany and was spun-off from Bayer AG's chemical and polymer business divisions in July 2004. The companies products include: advanced industrial intermediates, urethane systems, high performance materials, inorganic pigments, leather, liquid purification technologies, lubricant additives business, material protection products, polymer additives, rein chemie, and saltigo.

Acquisitions

Chemtura

On April 21, 2017 Lanxess acquired Chemtura, a company making flame retardant and lubricant additives, for €2.4 billion. Lanxess plans on integrating the urethane and organometallics businesses of Chemtura, and absorbing 2,500 Chemtura employees working in 11 countries at 20 locations. Matthias Zachert, Chairman of the Board of Management of Lanxess, made the following comments after the successful acquisition of Chemtura by Lanxess:

The acquisition of Chemtura is another major step in our realignment process and a significant milestone in our course of growth. The ‘new’ LANXESS is increasingly taking shape. The expansion of the additives business gives LANXESS an additional strong pillar. In its new set-up and with an even more balanced portfolio, the company will be much more stable and profitable. At the same time, Chemtura considerably strengthens our presence in the North American growth region. We will now focus our energy on rapidly and smoothly integrating the new businesses and employees, as well as on optimally serving our new and existing customers

Solvay

On February 8, 2018 Lanxess acquired Solvay, a phosphorus chemical business, for an undisclosed amount of money. The general manager of Lanxess' Additives BU, Anno Borkowsky, told reporters the company purchased Solvay to expand the companies business in mid-sized markets found within North America:

With this acquisition, we are benefiting from a North American platform for phosphorus-based speciality chemicals – a key component of our additives business – and are able to further drive our growth in this key region.

Timeline

People

Name
Role
LinkedIn
+ Add new row

Further reading

Title
Author
Link
Type
Date
+ Add new row

Documentaries, videos and podcasts

Title
Date
Link
+ Add new row

Companies

Company
CEO
Location
Products/Services
+ Add new row

News

Title
Author
Date
Publisher
Description
January 17, 2020
WebWire
Lanxess has joined over 200 forward-thinking companies as the newest member of the World Business Council for Sustainable Development (WBCSD). Lanxess is a leading specialty chemicals company whose core business is the development, manufacturing and marketing of chemical intermediates, additives, specialty chemicals and plastics. Founded in 2005 as a spin-off of the Bayer Group's chemical and plastics businesses, Lanxess has strong roots reaching back to 1863 when Bayer was founded. He...
December 6, 2019
WebWire
Specialty chemicals company LANXESS, one of the world's leading manufacturers of leather chemicals, is unveiling leather trends for the spring-summer season 2021. With this forecast, the manufacturer is giving its customers a real competitive advantage. An overview with descriptions and the assigned colors is now available at http://leather.lanxess.com/leather-service-center/downloads/., , , , In January 2020, LANXESS will present a custom-made collection with leather patterns showing the inno...
November 13, 2019
WebWire
Specialty chemicals company LANXESS has set itself an ambitious climate protection target. By 2040, the Group intends to become climate neutral and eliminate its greenhouse gas emissions from around 3.2 million metric tons of CO2 e today. Already by 2030, LANXESS aims to cut its emissions by 50 percent compared to the current level to around 1.6 million metric tons of CO2 e., , , , "Under the Paris agreement, the global community decided to limit global warming to less than two degrees. This r...
November 11, 2019
WebWire
, , , , • 3D desktop printing in uncontrolled home, office and retail environments, , • Lower hazard classifications, , • Easier processing, tailored gel profiles, and increased productivity, , , , , , Specialty chemicals company LANXESS is offering the next generation of Low Free (LF) isocyanate urethane prepolymers that can be formulated into resins for 3D printing (additive manufacturing). In order to create such resins LANXESS works together with 3D printing companies. Based on Adiprene LF pPDI (p...
September 24, 2019
WebWire
, , , , • Extremely high requirements for load-bearing capacity and crash performance , , • Significant weight reduction , , • Pioneering for lightweight applications in electric vehicles , , , , , , The potential of Tepex, a line of continuous-fiber-reinforced thermoplastic composite materials from specialty chemicals company LANXESS, for use in lightweight applications extends to the design of structural components in passenger cars, which need to be capable of meeting very stringent requirements...
September 18, 2019
WebWire
At its site in Brilon, Germany, Bond-Laminates GmbH - a wholly owned subsidiary of specialty chemicals company LANXESS - has commissioned two new production lines for Tepex continuous-fiber-reinforced thermoplastic composites. "We have increased our capacity for manufacturing Tepex by around 50 percent and, in doing so, are responding to the strong demand in the mass production of highly stressable components for lightweight vehicles and consumer electronics," says Dr. Christian Obermann,...
September 17, 2019
WebWire
Specialty chemicals company LANXESS recently launched the new system Adiprene LFM C525 cured with Vibracure 2101 developed for the most challenging wheel applications. This MDI polycaprolactone based prepolymer offers excellent performance and great dynamics such as high tear strength, outstanding fatigue and abrasion resistance. To demonstrate the performance and reliability of this differentiated system to the market, LANXESS undertook testing comparing the material with the highest indu...
August 7, 2019
WebWire
Bayer and LANXESS sell their stakes in the chemical park operator Currenta to funds managed by Macquarie Infrastructure and Real Assets (MIRA), the world's largest infrastructure investor. Both companies signed corresponding agreements with MIRA. The transaction still requires the approval of the responsible authorities. Currenta manages and operates infrastructure, energy supply and other essential services across the chemical parks in Leverkusen, Dormagen and Krefeld-Uerdingen and is cur...
Ludwig Burger
August 7, 2019
U.S.
German chemical groups Bayer and Lanxess have agreed to sell integrated chemical site operator Currenta to Macquarie Infrastructure and Real Assets (MIRA) for an enterprise value of 3.5 billion euros ($3.9 billion).
July 9, 2019
WebWire
Specialty chemicals company LANXESS confirms its earnings forecast for the current fiscal year and expects earnings to remain stable compared with the previous year. The company expects EBITDA pre exceptionals to be between EUR 1.000 billion and EUR 1.050 billion in 2019. In the previous year, the specialty chemicals company had achieved a result of EUR 1.016 billion., , , , "Thanks to our successful realignment, LANXESS is now much more stable than just a few years ago. We have reduced our de...
June 25, 2019
WebWire
, , , , • Tanner - a highly specialized profession for leather production, , • Knowledge of chemistry, biology and machinery essential, , , , , , Felix Wengenroth, employee of specialty chemicals company LANXESS, will receive the "Förderpreis" from Verein für Gerberei-Chemie und -Technik e.V. (Association for Tannery Chemistry and Technology), in recognition of young scientists and engineers. Wengenroth will be awarded in the field of tannery technology at a conference of the International Union of...
June 4, 2019
WebWire
Adiprene C930, a unique Low Free MDI based cast urethane from specialty chemicals company LANXESS, has just proven as an appropriate material for being processed via injection molding., , , , The Korean company Autox developed a production process that allows cast polyurethane to be injection molded. This innovation brings a new perspective to the cast polyurethane (CPU) world as it combines the processing advantages of injection molding along with the properties of cast urethane. Autox has re...
May 23, 2019
WebWire
At this year's Annual Stockholders' Meeting, specialty chemicals company LANXESS gave a positive review of the past fiscal year. "2018 was a successful year, strategically, operationally and with regard to our future viability," said Matthias Zachert, Chairman of the Board of Management of LANXESS AG, in the opening words of his speech. "Our figures show that today we are more profitable, more stable and more competitive than ever.", , , , In 2018, EBITDA pre exceptionals increased by 9.8 perc...
May 10, 2019
WebWire
Specialty chemicals company LANXESS, one of the world's leading manufacturers of leather chemicals, is giving its customers a real competitive advantage by forecasting future colors and trends. An overview with descriptions of the trends and the assigned colors is now available at [url]http://leather.lanxess.com/leather-service-center/downloads/[/url]., , , , In mid-2019, LANXESS will be presenting a specially made collection which reveals leather patterns with the novelties for the autumn-win...
March 19, 2019
WebWire
, , , , • e-Powertrain team for electromobility founded , , • Newly developed, fatigue resistant polyamide 6 types , , , , , , "High-Tech Thermoplastics for Future Mobility": This is the slogan under which the High Performance Materials (HPM) business unit of the specialty chemicals company LANXESS will be showcasing at the VDI Congress "Plastics in Automotive Engineering" in Mannheim. "Our focus this year is on new applications in electromobility and cost-effective alternatives to polyamide 66 co...
March 1, 2019
WebWire
, , , , • Lightweight design with excellent surface finish, , • Capacity expansion in Brilon on schedule, , • Recycled material types under development, , , , , , Tepex continuous-fiber-reinforced thermoplastic composites are among the few composite materials of their type worldwide to be gaining a foothold in the mass production of lightweight components. That is why Bond-Laminates GmbH, the manufacturer of Tepex and a subsidiary of specialty chemicals company LANXESS, will be putting Tepex's new lar...
December 18, 2018
WebWire
The "Catalyst Laboratory" was founded 100 years ago in Leverkusen - where the CHEMPARK is located today. At that time, the scope of activities was outlined as "work on catalytic reactions involving organic substances". This laboratory now belongs to the specialty chemicals company LANXESS and operates as a cross-divisional competence center for catalysts and their applications., , , , On the occasion of the anniversary ceremony held at LANXESS in Leverkusen, Dr. Dirk Müller, Head of the Global...
December 3, 2018
WebWire
Specialty chemicals company LANXESS is restructuring its distribution set-up for its lubricant additives products. Its Additives business unit (ADD), which offers a comprehensive product portfolio for the lubricant industry, has decided to consolidate its sales channel approach and appointed new distribution partners in Europe, Middle East and Africa (EMEA)., , , , From January 2019, the full product portfolio of LANXESS lubricant additives will be available in the territories from the followi...

References