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LANXESS presents strong fiscal 2012 at the Annual Stockholders' Meeting

Specialty chemicals group LANXESS presented its strong results for fiscal 2012 to some 2,000 attendees at this year's Annual Stockholders' Meeting. Group sales rose by 4 percent to EUR 9,094 million. EBITDA pre exceptionals improved by 7 percent to EUR 1,225 million. Net income rose by 2 percent last year to EUR 514 million.



LANXESS’ inorganic pigments: Sustainable color choices for China’s plastics industry

Specialty chemicals company LANXESS, one of the world’s leading producers of iron oxide and chromium oxide pigments, showcases its sustainable solutions at the Chinaplas 2013. This important industrial trade fare takes place in Guangzhou, China from May 20 to 23.



LANXESS opens first production facility for high-performance bladders in Brazil

LANXESS is focusing on the megatrend of mobility also in Brazil. In Porto Feliz, the specialty chemicals company’s wholly-owned subsidiary Rhein Chemie has opened a new facility for high-performance bladders (curing bladders), which are used in the production of tires. It has an annual capacity of about 170,000 bladders. In 2014, a new facility to manufacture pre-dispersed polymer-bound rubber additives (Rhenogran), with a capacity of 1,800 metric tons per year, will be added. Altogether, LANXESS is investing some EUR 10 million and creating around 60 new jobs.



LANXESS takes action against weak demand

LANXESS posted lower earnings in the first quarter of 2013 as expected due to a weak market environment, particularly in the tire and automotive industries.



LANXESS expands its X-Grade range of finishing products

Specialty chemicals company LANXESS has added two new products to its X-Grade range of finishing agents. “Now we have a complete portfolio for all types of leather, all applications and all possible leather defects that have to be concealed,” states Bianca Verstegen, head of Global Product Management Finishing in the Leather business unit. Small and medium-sized hide blemishes such as holes and scratches can be removed sustainably with the innovative X-Grade range. In addition, the microcapsule-based technology gives noticeably more uniform print retention, making the surface structure very natural-looking.



LANXESS opens new headquarters for high-performance rubber in the Netherlands

German specialty chemicals company LANXESS, the world's leading producer of synthetic rubber, has inaugurated the new headquarters of its Keltan Elastomers business unit in Sittard-Geleen in the Netherlands. With immediate effect the company is managing its global business for ethylene-propylene-diene monomer high-performance rubber (EPDM rubber), marketed under the Keltan brand, from the modern complex of buildings on the Chemelot Campus.



Management changes at three LANXESS business units

There will be a change in management at three of the 14 business units of specialty chemicals company LANXESS.



LANXESS opens application development center for Asian plastics industry

The specialty chemicals company LANXESS has opened a new Asia-Pacific Application Development Center for its high-tech plastics in the Hong Kong Science & Technology Park. It is run by the High Performance Materials (HPM) business unit and provides comprehensive and high-value services ranging from concept development support, computer-aided design, computer-aided engineering and mold-design assistance to part testing for the automotive industry and other segments.



LANXESS strengthens position as leading leather chemicals provider in China

Specialty chemicals company LANXESS has started up on schedule a leather chemicals plant in Changzhou Yangtze Riverside Industrial Park. With a capacity of up to 50,000 metric tons per year, the plant is the largest of its kind in China and will strengthen LANXESS’ position as a sustainable leather chemicals provider in the local market. LANXESS has invested EUR 30 million (USD 40 million) in the facility, which employs about 150 people.



LANXESS acquires Asian biocide specialist PCTS

LANXESS is strengthening its product portfolio for biocides to serve the megatrend urbanization. The German specialty chemicals group has acquired Singapore-based PCTS Specialty Chemicals Pte. Ltd. for an undisclosed amount. The transaction closes with immediate effect.



Inorganic pigments for the sustainable coloration of construction materials

Specialty chemicals company LANXESS remains focused on the megatrend urbanization and is presenting a comprehensive range of inorganic pigments for the construction industry at bauma 2013, taking place April 15 - 21 in Munich, Germany. Among the products being presented are two iron oxide black pigments with a blue undertone for deep, long-lasting black shades.



LANXESS expands ion exchange resin facilities at Leverkusen site

Specialty chemicals company LANXESS is expanding its business in Leverkusen with solutions for water treatment. At its largest site worldwide, the company is investing around EUR 10 million in a new production line for weakly acidic cation exchange resins of the Lewatit premium brand, plus a state-of-the-art facility for food-grade-standard filling and packaging. One key area of application for these ion exchange resins is cartridges for domestic water filter systems. They remove unwanted calcium and magnesium salts and lead and copper ions from mains water and release other harmless substances in their place. This improves the quality and taste of drinking water.



LANXESS presents strong results for 2012

German specialty chemicals company LANXESS has announced strong figures for the past fiscal year, with improvements in key reported numbers. “2012 was the best year in our growth story so far. Our business model proved itself once again,” said LANXESS’ Chairman of the Board of Management, Axel C. Heitmann, at the Annual Press Conference in Dusseldorf.



Elegance in black

New premium black pigments from LANXESS for coloration of concrete



LANXESS with substantially better Q4 2012 earnings year-on-year

The specialty chemicals company LANXESS AG has achieved substantially higher earnings in the fourth quarter of 2012 compared to the same quarter in 2011, despite soft underlying demand.



LANXESS strengthens standing as world’s leading high-performance rubber producer

LANXESS is strengthening its standing as the world’s leading producer of high-performance rubber. Following a feasibility study, the German specialty chemicals company has decided to convert production of emulsion styrene butadiene rubber (E-SBR) used in standard tires to solution styrene butadiene rubber (S-SBR) used in high-performance “Green Tires” at its site in Triunfo (Rio Grande do Sul) in southern Brazil. LANXESS is the first company to carry out such a conversion.



LANXESS expands dichlorobenzene capacity

Specialty chemicals company LANXESS has increased its dichlorobenzene capacity by more than 15 percent. It has done so by installing an additional crystallizer at the Leverkusen site, thereby enabling it to produce more high-purity para-dichlorobenzene for the global market. Some EUR 3 million has been invested in the capacity expansion for this intermediate for the manufacture of high-performance plastics.



LANXESS to build new pigment plant in Ningbo

German specialty chemicals company LANXESS is expanding its global production network for inorganic pigments in China.



LANXESS signs new EUR 1.25 billion syndicated credit facility

Specialty chemicals group LANXESS has signed a new EUR 1.25 billion syndicated credit facility with an international banking consortium. The facility has a five year maturity and contains two separate one-year extension options. This facility replaces the company’s existing EUR 1.4 billion credit line due to mature in November 2014.