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LANXESS confirms earnings forecast for fiscal year 2019
Specialty chemicals company LANXESS confirms its earnings forecast for the current fiscal year and expects earnings to remain stable compared with the previous year.
LANXESS looks back on successful year and increases dividend again
At this year's Annual Stockholders' Meeting, specialty chemicals company LANXESS gave a positive review of the past fiscal year.
Anno Borkowsky appointed to the LANXESS Board of Management
The Supervisory Board of LANXESS AG has appointed Anno Borkowsky (60) to the Board of Management of the specialty chemicals company, effective June 1, 2019.
LANXESS: Stable business development in the first quarter of 2019 despite economic downturn
Specialty chemicals company LANXESS has made a solid start to the new fiscal year despite the weakening economy. In the first quarter of 2019, EBITDA pre exceptionals rose by 1.9 percent to EUR 275 million compared with EUR 270 million in the strong previous-year quarter.
LANXESS to deploy artificial intelligence in product development
LANXESS is set to break new ground when it comes to the development of customer-specific high-performance plastics. By deploying artificial intelligence (AI), the specialty chemicals company is looking to drastically cut the amount of time it takes to develop new materials.
LANXESS presents first CEO Safety Award
Specialty chemicals company LANXESS has presented the CEO Safety Award for the first time.
LANXESS achieves strong result in 2018 and makes a solid start to the new fiscal year
Specialty chemicals company LANXESS closed its fiscal year with a strong result.
New LANXESS startup: Online marketplace CheMondis launched successfully
CheMondis, a new global online marketplace for chemical products, has been successfully launched.
LANXESS decides to buy back shares and strengthens pension assets
The Board of Management of specialty chemicals company LANXESS decided to make use of the authorization granted by the Stockholders' Meeting on May 20, 2016 and to acquire own shares of up to EUR 200 million (excluding incidental costs) via the stock exchange.
LANXESS completes sale of ARLANXEO to Saudi Aramco
Specialty chemicals company LANXESS today, December 31, 2018, completed the sale of its remaining 50 percent interest in the rubber company ARLANXEO to Saudi Aramco.
LANXESS: Thomas Duletzki takes over as head of the Mergers & Acquisitions group function
On January 1, 2019, Thomas Duletzki (38) will take over as head of the Mergers & Acquisitions group function of specialty chemicals company LANXESS.
LANXESS invests in production for ion exchange resins in Leverkusen, Germany
Specialty chemicals company LANXESS is investing in its ion exchange resin production facility at the Leverkusen, Germany, site.
LANXESS plans cooperation with Standard Lithium for lithium recovery in the United States
Development of battery grade lithium from the brine at El Dorado site | Feasibility study underway
Following a solid third quarter, LANXESS confirms its earnings forecast for 2018
Following a solid third quarter, specialty chemicals company LANXESS has confirmed its earnings forecast for 2018. The company still expects an increase of EBITDA pre exceptionals compared with 2017 at the upper end of the range of five to ten percent.
LANXESS: Bettina Blottko to head Liquid Purification Technologies business unit
Bettina Blottko (41) will take over as head of the Liquid Purification Technologies business unit at specialty chemicals group LANXESS effective October 15, 2018.
LANXESS to build new production plant for high-performance plastics in Krefeld-Uerdingen, Germany
Investment volume in the mid double-digit million euro range | Around 20 new jobs in Krefeld-Uerdingen, Germany | Start of production in the second half of 2019
LANXESS included in Dow Jones Sustainability Indices again
LANXESS among the top ten percent of chemicals companies worldwide.
Three rating agencies upgrade LANXESS
Within a few days, the three rating agencies Standard & Poor's (S&P Global), Scope Ratings and Moody's have upgraded the credit rating of specialty chemicals company LANXESS by one notch each.
LANXESS plans to sell remaining 50 percent stake in joint venture ARLANXEO to Saudi Aramco
Joint venture valued at EUR 3.0 billion | LANXESS plans to reduce financial debt position | CEO Matthias Zachert: "Another milestone on our path of transformation."
Following a good second quarter, LANXESS specifies its earnings forecast for 2018
Following a good performance in the second quarter, specialty chemicals company LANXESS has specified its earnings forecast for 2018. The Group now expects an increase of the operating result at the upper end of the guidance of five to ten percent that was presented in May.