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At this year’s Annual Stockholders’ Meeting, specialty chemicals company LANXESS was able to look back on a successful fiscal 2015 which saw the company drive forward with its realignment program.
Following a good first quarter, specialty chemicals company LANXESS has raised its earnings forecast for fiscal 2016. The company now expects to achieve EBITDA pre exceptionals within a corridor of EUR 900 million and EUR 950 million.
Specialty chemicals company LANXESS is increasing its pension plan assets in Germany by EUR 200 million, thereby significantly reducing its pension provisions.
LANXESS subsidiary Bond-Laminates GmbH, the Fraunhofer Institute for Production Technology and HBW-Gubesch Thermoforming GmbH together received an award in the “Processes” category at the JEC 2016 Innovation Awards in Atlanta, United States.
Specialty chemicals company LANXESS is expanding its portfolio of material protection products by taking over the Clean and Disinfect business of US-based chemical company Chemours.
Lightweight solution from German specialty chemicals company LANXESS has been featured in FCV (fuel cell vehicle) “Clarity Fuel Cell”, the latest model of hydrogen electric vehicle from Honda Motor Co., which recently has been introduced in the market.
LANXESS is demonstrating impressively at bauma 2016 how conventional building materials, such as pigmented roofing tiles, noise barrier walls, in-situ concrete, fiber cement boards, sand-lime bricks and asphalt, can add color to urban environments.
Earlier today (April 1, 2016), specialty chemicals company LANXESS and Saudi Aramco have completed the formation of their 50-50 joint venture for synthetic rubber, ARLANXEO.
Specialty chemicals company LANXESS and Saudi Aramco are pleased to announce the members of the Executive Board of ARLANXEO, their previously announced 50:50 synthetic rubber joint venture.
EBITDA pre exceptionals increases by 9.5 percent to EUR 885 million / EBITDA margin improves from 10.1 to 11.2 percent / Net income advances substantially to EUR 165 million / Sales level with the prior year at around EUR 7.9 billion / Proposed dividend 20 percent higher at EUR 0.60 per share
LANXESS continues to expand its range of polyamides for components used in the thermal management of LEDs and electrical devices. The newest member of the product family, with high mineral reinforcement, is Durethan TP 723-620.
LANXESS has developed four new compounds for light-emitting diode (LED) housings and sockets. Pocan TP 555-911, -991, -912 and -992 are based on polycyclohexylenedimethylene terephthalate (PCT), a polyester used by the specialty chemicals company for the first time.
Tepex continuous-fiber-reinforced high-performance composites are continuing to establish themselves in automotive lightweight construction.