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2017-11-15

LANXESS: Holger Hüppeler to lead the Inorganic Pigments business unit

Holger Hüppeler (50) will take over the management of the Inorganic Pigments (IPG) business unit at the specialty chemicals company LANXESS from December 1, 2017. The current manager of the Procurement and Logistics group function will succeed Jörg Hellwig (52), who has been the driving force behind LANXESS’s digital activities as manager of the dLX group function since the spring.

“With Holger Hüppeler, the management of this important business unit will be in the hands of an excellent industry and market expert. He will continue to build on IPG’s position as one of the world’s best-performing players in the pigment sector," said Matthias Zachert, Chairman of the LANXESS Board of Management. “With customer proximity and innovative strength, Jörg Hellwig has made IPG a leading supplier of pigments.”

On the same date, Holger Hüppeler will be succeeded by Bernd Makowka, currently responsible for the purchasing of raw materials in the Procurement and Logistics group function. Makowka will initially lead the group function in addition to his current duties.

Holger Hüppeler began his professional career in 1989 at Bayer in Leverkusen. Having trained as a business administrator, he assumed various tasks in the Ion Exchange Resins Business Group and in the Industrial Intermediates business area, among them as a Technical Sales Representative in the United Kingdom. On his return to Germany he became product manager in the Active Ingredient Intermediates business unit and then headed several market segments. From 2002 he was head of Strategic Marketing in the then Basic Chemicals business unit. Since March 2008 Hüppeler has been head of the Global Procurement & Logistics group function.

Forward-Looking Statements
This company release contains certain forward-looking statements, including assumptions, opinions, expectations and views of the company or cited from third party sources. Various known and unknown risks, uncertainties and other factors could cause the actual results, financial position, development or performance of LANXESS AG to differ materially from the estimations expressed or implied herein. LANXESS AG does not guarantee that the assumptions underlying such forward-looking statements are free from errors nor does it accept any responsibility for the future accuracy of the opinions expressed in this presentation or the actual occurrence of the forecast developments. No representation or warranty (expressed or implied) is made as to, and no reliance should be placed on, any information, estimates, targets and opinions, contained herein, and no liability whatsoever is accepted as to any errors, omissions or misstatements contained herein, and accordingly, no representative of LANXESS AG or any of its affiliated companies or any of such person's officers, directors or employees accept any liability whatsoever arising directly or indirectly from the use of this document.

LANXESS is a leading specialty chemicals company with sales of EUR 7.7 billion in 2016 and about 19,200 employees in 25 countries. The company is currently represented at 74 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of chemical intermediates, additives, specialty chemicals and plastics. Through ARLANXEO, the joint venture with Saudi Aramco, LANXESS is also a leading supplier of synthetic rubber. LANXESS is listed in the leading sustainability indices Dow Jones Sustainability Index (DJSI World and Europe) and FTSE4Good.

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