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Following a good second quarter, LANXESS specifies its earnings forecast for 2018

Shanghai – August 3, 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. In the previous year, comparable EBITDA pre exceptionals was around EUR 925 million. The contribution from ARLANXEO, the joint venture between LANXESS and Saudi Aramco for synthetic rubber, is not taken into account in the full-year forecast for 2018 and, with immediate effect, will no longer be reported in the Group’s sales and operating result.



Quality Secures: LANXESS Urethane Systems Offers Customized Solutions for ATMs and Roller Coasters

Aug. 1, 2018, Shanghai – German specialty chemicals company LANXESS is showcasing solutions for polyurethane applications at the 16th PU China 2018 held from Aug. 1-3 in Shanghai. From ATMs to roller coasters, wind power,mining and transportation, the urethane systems on display are garnering attention.



LANXESS Greater China CEO Ming Cheng Chien to lead new APAC region

Shanghai – July 23, 2018 – German specialty chemicals company LANXESS will establish a new regional structure for the growth in the region. As part of the new organization, Greater China CEO Ming Cheng Chien will be appointed as Regional Head of the company’s APAC (Asia-Pacific) region effective Aug. 1, 2018. He is based in Shanghai, China.



LANXESS signs marketing and distribution cooperation agreement with filtration membranes and system manufacturer Polymem

July 5, 2018, Shanghai – The Liquid Purification Technologies (LPT) business unit of the specialty chemicals group LANXESS, one of the leading suppliers of products and solutions for water treatment, has entered into a cooperation agreement with French company Polymem SA, Toulouse.



LANXESS: Price adjustment for PA 6.6 compounds

SHANGHAI – LANXESS is raising its prices for Durethan A (Polyamide 6.6) compounds in Greater China by RMB 5/kg with immediate effect.



The Dragon Boat Festival is coming, enjoy Fresh Summer with LANXESS Saltidin®

June 15, 2018, Shanghai - “Eating a rice dumpling wrapped with bamboo leaves, wearing a crown with a bunch of wormwood.” It is the custom for Chinese people to burn wormwood to repel mosquitoes by the incense during the Dragon Boat Festival since ancient times. This is because the festival is near midsummer when people are prone to disease and plagues spread easily. In summer, mosquitoes are interrupting your sleep always and everywhere, bringing more than 80 infectious diseases such as dengue fever and Japanese encephalitis (JE).



LANXESS supports sustainable leather production

ShangHai – After the inclusion of NMP (N-Methyl-2-pyrrolidone) as an SVHC candidate (Substances of Very High Concern) in 2011, the European Commission issued a restriction on the sale of chemical products containing NMP in May of this year and also announced a restriction on the use of NMP in consumer products in the coming fall. Now, many leather manufacturers need to make it transparent how they produce leather items without this substance. The specialty chemicals company LANXESS provides the industry with suitable alternatives without the need to make any compromises with regard to the quality of the finished leather.



The Fourth LANXESS "Clean Water for Better Life" - University Students Research Competition kicked off in Shanghai

May 31, 2018, Shanghai - The fourth LANXESS China “Clean Water for Better Life” - University Students Research Competition was officially kicked off at the headquarters of LANXESS Chemical (China) Co., Ltd. (hereinafter referred to as "LANXESS") in Shanghai. Ming Cheng Chien, CEO of LANXESS Greater China, Zhihong Yu, President of China WTO Tribune, representatives of new partners of “Sustainable Clean Water Ecosystem”, LANXESS volunteers and student representatives attended the kick-off ceremony.



LANXESS and XPS Professional Committee of CPPIA hold Fire Safety Symposium in Beijing

May 29, 2018, Beijing – Construction is booming in China and the Chinese government has been taking an active role in promoting green buildings. With the Fire Safety Symposium on May 29 in Beijing, LANXESS and the XPS Professional Committee of China Plastics Processing Industry Association (CPPIA), Beijing, China, are bringing together about 150 material manufacturers, constructors, architects, associations, and policy-makers to discuss the future of insulation with regard to sustainable fire safety solutions for the construction industry.



LANXESS increases dividend after best-ever fiscal year

May 17, 2018, Shanghai – The specialty chemicals company LANXESS looked back on a record year at this year's Annual Stockholders' Meeting. “Last year proved impressively that our strategy is paying off and that we are fully geared up for growth,” stated LANXESS CEO Matthias Zachert to stockholders at Cologne's LANXESS arena.



LANXESS raises its guidance for fiscal year 2018 after strong first quarter

May 7, 2018, Shanghai – Specialty chemicals company LANXESS has followed up its successful fiscal year 2017 by posting the best quarterly result in its history, and has raised its earnings guidance for 2018.



Quality Shapes: LANXESS presents series of innovative plastic solutions at Chinaplas 2018

April 23, 2018, Shanghai – From April 24 to 27, specialty chemicals company LANXESS will present at Chinaplas 2018 in Shanghai. The theme of LANXESS for the event is “Quality Shapes”. At stand T31, extending over 120 square meters in Hall 7.2, the specialty chemicals company is presenting its latest developments in materials, processes and technologies for premium plastics solutions and high-performance additives. Also on display are color pigments developed for the polymer industry.



LANXESS receives National Green Plant certificate

April 11, 2018, Shanghai –The specialty chemicals company LANXESS recently received the National Green Plant certificate for its plant in Ningbo from the Ministry of Industry and Information Technology (MIIT) of the People’s Republic of China. The Ningbo plant is located in Ningbo Petrochemical Economic & Technology Development zone (NPETD), a national level chemical park which is ranked top 3 in China.



LANXESS increases prices for leather chemicals

April 3, 2018, Shanghai – Specialty chemicals company LANXESS increases the prices for selected leather chemicals with immediate effect due to constantly rising raw material costs. This measure includes selected chrome chemicals, such as Chromosal (Basic Chrome Sulfate), Chromic Acid and Sodium dichromate, which will be increased by up to 10%.



LANXESS posts record earnings for 2017 and a good start to the new fiscal year

March 22, 2018, Shanghai – Specialty chemicals company LANXESS continues its profitable growth path. The company ended fiscal year 2017 with record earnings. LANXESS has also made a good start to the new year.



LANXESS: “Quality Works” to Upgrade Beauty

March 19, 2018, Shanghai – Specialty chemicals company LANXESS attends the 2018 Personal Care and Homecare Ingredients (PCHi) trade show in Shanghai with Distribution (LD), LANXESS group’s sales and trading partner to showcase a range of popular high-quality ingredients for personal care products.



High-tech thermoplastics for future mobility

Shanghai – Specialty chemicals company LANXESS presents in Mannheim at the VDI Congress “Plastics in Automotive Engineering” with a special focus on “High-tech thermoplastics for future mobility”.



LANXESS receives the German Innovation Award for Climate and the Environment

March 5, 2018, Shanghai–Lately, LANXESS, the specialty chemicals company, has been honored with the 2017 German Innovation Award for Climate and the Environment. State Secretary at Ministry for Environment Jochen Flasbarth and Holger Lösch, Deputy Director General of the Federation of German Industries (BDI), presented the award to Luis López-Remón, head of the LANXESS business unit Leather in the course of a formal event in Berlin.



New solutions for the tire industry

February 14, 2018, Shanghai – LANXESS’s Rhein Chemie business unit will be presenting its versatile solutions for the manufacture of tires at the Tire Technology Expo in Hanover from February 20 to 22, 2018 (booth 4014). These include a wide range of environmentally friendly Rhenodiv release agents, Rhenomark tire marking paints, Rhenoshape tire vulcanization bladders, Rhenogran aramid-fiber masterbatches, and additives.



LANXESS successfully completes acquisition of Solvay’s phosphorus additive business

February 13, 2018, Shanghai – Specialty chemicals company LANXESS has successfully completed the purchase of the phosphorus chemicals business from Belgian chemicals group Solvay including its U.S. production site in Charleston, South Carolina. All relevant antitrust authorities have cleared the transaction. LANXESS and Solvay agreed to the purchase in mid-November 2017.