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2015-08-25

LANXESS strengthens position as leading EPDM rubber manufacturer in China

German specialty chemicals company LANXESS is inaugurating its EPDM (ethylene propylene diene) rubber plant in Changzhou today. The investment demonstrates the company’s commitment to strengthening its proximity to regional customers and markets. LANXESS has invested EUR 235 million in the plant – the largest investment the company has made in China to date. Production of EPDM rubber at the Changzhou plant will be ramped up gradually. The plant has a nameplate capacity of 160,000 metric tons per year and will create up to 200 new jobs. The plant will produce 10 different premium grades of EPDM rubber tailored to the requirements of customers in China and elsewhere in Asia.

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2015-08-07

LANXESS raises guidance for 2015 following a strong second quarter

Following a strong second quarter, specialty chemicals company LANXESS again raised its guidance for the full year 2015. The company now expects to achieve EBITDA pre exceptionals within a corridor of EUR 840 million and EUR 880 million. It had previously assumed that EBITDA pre exceptionals for the full year would come in at between EUR 820 million and EUR 860 million.

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2015-07-28

Extremely lightweight for an extreme alpine crossing

The composite material Tepex dynalite from LANXESS subsidiary Bond-Laminates is performing excellent even in extreme sports applications. This material is a high-performance, continuous fiber-reinforced and polypropylene-based composite. It is used in the RANGE X-ALPS paraglider reclining harness manufactured by skywalk GmbH & Co. KG during a competition challenging the athletes to cross the Alps by paraglider and on foot. The harness’s footboard is made of a sandwich composite just one centimeter thick, comprising thin Tepex facings measuring just 0.5 millimeters and a polypropylene honeycomb core from EconCore N.V.

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2015-07-22

LANXESS honored “2015 Best CSR Award” by China Finance Summit

LANXESS has won “2015 Best CSR Award” from “Salute to China Dream” -- the 4th China Finance Summit in recognition of the company’s leadership in fulfilling corporate social responsibility and developing in an environment-compatible way. This is the second time LANXESS get awarded by China Finance Summit after it received 2014 "Best Green Company Award" in 2014.

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2015-07-08

Greener than green

Specialty chemicals company LANXESS has looked into how the CO2 footprint can be further reduced during the processing of “green” rubber. Anyone wishing to develop “green” rubber articles can already turn to the Keltan Eco EPDM rubber from LANXESS as an outstanding alternative to conventional synthetic rubber from fossil raw materials.

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2015-07-06

Synthetic rubber with high resilience and excellent heat resistance properties

Specialty chemicals company LANXESS has developed Keltan 9565Q, an ethylene-propylene-diene rubber (EPDM) that can really compete with natural rubber (NR), which is susceptible to aging.

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2015-06-01

LANXESS tackles the water challenges in China

Specialty chemicals group LANXESS will bring its full range of water treatment solutions to Aquatech China 2015, to be held from June 10 to June 12 in Shanghai. At China's largest international water show, LANXESS’ Liquid Purification Technologies business unit will present Lewatit® ion exchange resins and Lewabrane® reverse osmosis (RO) membranes, alongside the LewaPlus™ design software. Products on show will include Lewatit® MonoPlus TP 260 for selective fluoride removal and Lewabrane® high flow type of seawater membrane.

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2015-05-25

Making the Ecological Difference

Specialty chemicals company LANXESS provides its innovative bio-based Keltan Eco EPDM rubber to Freudenberg Sealing Technologies. This well-known global manufacturer of seals and vibration control technology products recently started to produce rubber seals made of Keltan Eco EPDM at its North American affiliate.

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2015-05-20

LANXESS’ inorganic pigments: more colorful than nature

Specialty chemicals company LANXESS, one of the world’s leading producers of iron oxide and chromium oxide pigments, is showcasing its high-performance and colorful solutions for the plastics industry at the Chinaplas 2015 in Guangzhou, China, from May 20 to 23.

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2015-05-14

LANXESS presents first results of realignment to shareholders

At the Annual Stockholders‘ Meeting of specialty chemicals company LANXESS, held in Cologne’s LANXESS arena, Chairman of the Board of Management Matthias Zachert looked back on fiscal 2014 and presented the first results of the company’s three-phase realignment program. “In 2014, we made good progress on the way back to success,” said Zachert. The first phase, which focused on improving the competitiveness of the company’s business and administrative structure, has largely been completed. From the end of 2016, LANXESS will benefit from savings of around EUR 150 million annually.

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2015-05-08

LANXESS: Realignment taking effect

Specialty chemicals group LANXESS got off to a good start to 2015 in a persistently challenging market and competitive environment. EBITDA pre exceptionals climbed by a substantial 11.7 percent in the first quarter to EUR 229 million, compared with EUR 205 million in the first quarter of 2014. This was at the upper end of the EUR 210 million to EUR 230 million range forecasted in March. This increase was mainly attributable to lower raw material costs and to currency effects, especially the strong U.S. dollar. There was also a positive effect from cost savings related to the realignment, such as the in parts considerable reduction in administrative and selling costs. The EBITDA margin pre exceptionals was 11.2 percent, against 10.0 percent in the prior-year quarter.

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2015-04-23

Practical test: vehicle fleet operators save up to 7 percent in fuel using “green tires”

“Green tires” reduce the fuel consumption of vehicles by as much as 7 percent in urban traffic (around 4.1 percent on average) and can save fleet operators thousands of euros every year. These high-performance tires – graded “C” or above for fuel efficiency on the EU tire label – also significantly reduce the CO2 emissions of vehicles compared to standard tires. These are the results of a practical tire test jointly conducted by LANXESS, the world’s leading manufacturer of synthetic high-performance rubbers for the tire industry, and energy provider RheinEnergie.

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2015-04-22

Live and in color

LANXESS introduces its new red pigments at the ECS in Nuremberg in April

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2015-04-22

Premium chemistry for coatings

LANXESS is showcasing its broad product range for the paints and coatings industry at the European Coatings Show (ECS) in Nuremberg, Germany, from April 21 to 23, 2015. Its exhibit includes colorants, biocides, flame-retardant additives and benzyl products for manufacturing premium coating materials.

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2015-04-09

LANXESS supports China rubber industry developing through innovation

China Rubber Conference 2015, the country’s largest and most influential event in the rubber industry, is held during April 7-10 at Guangzhou Baiyun International Convention Center. German specialty chemicals company LANXESS co-hosts the Rubber Materials Innovation sub-forum together with the conference organizer China Rubber Industry Association (CRIA), inviting experts from industry associations, research institutions as well as business partners along the value chain to share innovative rubber materials and advanced processing technology.

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2015-04-03

LANXESS starts production at its new EPDM plant in China

German specialty chemicals company LANXESS has successfully started its new Keltan® EPDM plant in Changzhou (Jiangsu Province), China. With the gradual ramp-up of the new plant, LANXESS completes its global EPDM (ethylene propylene diene rubber) asset base.

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2015-03-30

LANXESS listed as Top 500 Enterprises for Corporate Social Responsibility in China

Specialty chemicals company LANXESS was ranked 130 in 2014 China’s Top 500 Enterprises for Corporate Social Responsibility.

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2015-03-20

LANXESS improves earnings in fiscal 2014 and drives realignment forward rapidly

In fiscal 2014, specialty chemicals group LANXESS substantially improved its operating result and net income in a challenging market and competitive environment. While sales declined slightly by 3.5 percent to around EUR 8 billion, EBITDA pre exceptionals increased by 9.9 percent to EUR 808 million. Net income improved by EUR 206 million to EUR 47 million – despite exceptional charges related to the company’s realignment program. At the same time, LANXESS significantly reduced its net indebtedness and tangibly increased operating cash flow.

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2015-03-19

Personnel changes on LANXESS’ Supervisory Board and Board of Management

Specialty chemicals company LANXESS will see personnel changes on both the Supervisory Board and the Board of Management.

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2015-03-09

Purity for Beauty

LANXESS Distribution, LANXESS group’s sales and trading partner, will present a broad portfolio of high-quality raw materials for the cosmetics industry at PCHi (Personal Care and Homecare Ingredients) under the theme “Purity for Beauty”

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