2021-11-15

Together for Sustainability and Carbon Neutrality

LANXESS Holds Open-to-Public Day for the Tenth Consecutive Year

Dr. Cheng Xu, Head of LANXESS Inorganic Pigments Business Unit, APAC, General Manager of LANXESS Ningbo site, made a speech in the opening ceremony.

Shanghai – November 14, 2021 – Specialty chemicals company LANXESS today held an Open-to-Public Day at its Ningbo site under the theme of “Together for Sustainability and Carbon Neutrality.” This is the tenth consecutive year that the company has conducted this activity.

 

The event attracted about 150 visitors including family members of local employees, suppliers and media representatives. By visiting the plant, the guests were able to gain insights into the operations of a state-of-the-art production site. During the chemistry class, LANXESS volunteers led chemical experiments under the theme of “carbon neutrality,” promoting understanding of the topic, providing examples on how the public can make relevant contributions in daily life, and explaining how LANXESS assists in its realization during R&D and production.

 

“We are very glad to open the door and welcome our stakeholders to learn more about us. Through Open-to-Public Days, we can show our innovative and environmentally friendly products and production processes to surrounding communities and bring LANXESS closer to the public. And today, we also hope to have made a contribution to promoting public awareness of carbon neutrality,” Dr. Cheng Xu, Head of LANXESS Inorganic Pigments Business Unit, APAC, General Manager of LANXESS Ningbo site, said in his opening speech.

 

According to the State Council’s government work report made on March 5, 2021, China will take solid steps toward the goals of achieving peak carbon dioxide emissions and carbon neutrality. For this, the country will draw up an action plan for carbon emissions to peak by 2030, and improve the industrial structure and energy mix. LANXESS adheres to the principle of “good for business – good for society” and actively takes on environmental and social responsibilities.

 

Already in 2019, the company said it will achieve carbon neutrality by 2040. It was one of the first chemical companies to announce such a goal. To this end, it will continue to launch several special projects over the next few years, requiring its business units to reduce greenhouse gas emissions, accelerating the improvement of existing production processes, and strengthening process and technological innovation.

 

At Ningbo plant, LANXESS has developed the Ningbo Process which yields the “greenest” iron oxide red in China. In 2018, the unfiltered laughing gas generated during the production of red iron oxide pigment by the Penniman process in China equaled to 7.6 million tons of carbon dioxide equivalent. If all plants adopt the Ningbo Process®, the greenhouse gas reduction will be equivalent to the annual carbon dioxide emissions of 300,000 Chinese households. With this innovative process, Ningbo plant became the first and only iron oxide pigment manufacturer winning the certification of “National Green Plant” in 2018.

 

Open-to-Public Days are an important means of LANXESS to practice corporate social responsibility. Since 2012, the company has held 16 Open-to-Public Days at its sites in Shanghai, Changzhou, Wuxi, Qingdao, Liyang, Ningbo and Nantong. The events have attracted nearly 3,200 residents, teachers and students, professionals, volunteers and media representatives.

 

Through its contributions to sustainable business practices, LANXESS is ranked first in the chemicals category of the Dow Jones Sustainability Index for Europe, and second for World. The company has also been listed in FTSE4Good for many years. In 2021, MSCI ESG Research upgraded the rating for LANXESS to AA, and EcoVadis upgraded the rating for LANXESS from Gold to Platinum.

 

About LANXESS

LANXESS is a leading specialty chemicals company with sales of EUR 6.1 billion in 2020. The company currently has about 14,900 employees in 33 countries. The core business of LANXESS is the development, manufacturing and marketing of chemical intermediates, additives, specialty chemicals and plastics. LANXESS is listed in the leading sustainability indices Dow Jones Sustainability Index (DJSI World and Europe) and FTSE4Good.

 

LANXESS China

On January 31, 2005, the company was initially listed on the Frankfurt Stock Exchange and LANXESS Chemical (China) Co., Ltd. officially started operations. LANXESS now has 13 subsidiaries, 6 R&D centers and 7 production sites with around 1,200 employees in Greater China. LANXESS works closely with its local partners to develop market-oriented solutions that meet local market needs.

 

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.

 

Information for editors:

All LANXESS news releases and accompanying photo, video and audio materials can be found at www.lanxess.cn, www.weibo.com/lanxess, or LANXESS’ official WeChat account: LANXESS_china

Contact

Yu Fiona

Yu Fiona
Corporate Communications

Phone: +86 21 6109 6666

Fax: +86 21 6109 6717

send E-Mail

  • Gallery