LANXESS awarded Top Employer China for the fifth consecutive year

German specialty chemicals company LANXESS has been honored to be awarded Top Employer China 2022.

Shanghai, January 20, 2022 – German specialty chemicals company LANXESS today has been honored to be awarded Top Employer China 2022. This marks the fifth year in a row that the company is being certified by the reputed Top Employers Institute.

“In spite of challenges posed by the coronavirus pandemic, LANXESS maintained steady growth in China, including the opening of our new APAC Application Development Center and the addition of new production lines. This could not have been achieved without the efforts of our employees. Their health and good career development opportunities now and in the future are important to us,” Ming Cheng Chien, President of LANXESS Asia-Pacific Region, said.

Better and more transparent offering for employees

LANXESS has been trying to expand its offering for employees and make it even more attractive. This year, LANXESS launched the “You Matter” program worldwide. By communicating the idea directly, the company shows that it cares about every employee.

The You Matter program covers six main pillars, including market-based fair pay, XWORK, learning and development opportunities, family and health, financial protection and other benefits. LANXESS has also adopted a series of personal development measures to support the continuous learning and development of employees. By offering leadership training, mentoring and coaching, the company enables employees to fully develop their potential.

“You Matter is the guiding principle of the six pillars. We hope to enable employees to really realize this through a variety of benefits and protections, because You Matter!” Wells Chou, Head of Human Resources Asia-Pacific, said.

LANXESS also wants employees to enjoy a more relaxed life outside of work and to this end offers a wide range of support to balance their work and life. The company encourages everyone to achieve work-life balance through flexible work patterns including mobile working, flexible working time models such as irregular working hours and part-time work, and the new design for the workplace. The flexible approach of working has received very positive feedback from employees during the pandemic.

The Top Employers China certification is independently run by the Top Employers Institute headquartered in Amsterdam, the Netherlands, which invites companies with mature human resources functions meeting certain standards to apply for certification each year.

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:

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