LANXESS India continues with its CSR thrust in Nagda

Nagda, 20th September 2017: As part of its Corporate Social Responsibility initiative, LANXESS India Private Limited, the leading specialty chemicals company, has asserted its commitment for technological intervention in educational empowerment by setting up e-learning tools in Government College, Nagda, Madhya Pradesh.

This project is in line with LANXESS’ vision of a digital future and also finds resonance with the current government’s focus on creating a digitally empowered nation.

With fast changing technology, the need for better tools of teaching have been growing rapidly. While the privileged/privately-run educational institutions have made the most of the available technology, students from the state-run municipal institutions seem to be losing out, primarily due to the financial inability to procure tech-based learning tools.

LANXESS has sought to play a key role to fulfil this gap by providing such infrastructure to underprivileged educational institutions and give an equal opportunity to students.

LANXESS India, in a ceremony held at Civil Hospital, Nagda in the presence of Mr. Dilip Singh Shekhawat, Member of Legislative Assembly, Mr. Neelanjan Banerjee, Senior Executive Director, LANXESS India, Mr. Sanjay Singh, Site Head, Nagda, LANXESS India and other esteemed dignitaries from the State and local administration, formalized the agreement with the State Arts, Science & Commerce College of Nagda to support the institution with seven interactive e-learning tools at a cost of around Rs.15,00,000.

The internet support needed for the e-learning tools will be provided by the college management, while the maintenance of the tools will be taken upon by LANXESS India.

At the same function, LANXESS India also presented a cheque of Rs.10,00,000 to the Nagda Civil Hospital authorities as part of its three-year long commitment to contribute towards the upgradation of the existing facilities and infrastructure of the hospital. Having already supported the hospital with a dialysis machine last year, the amount presented this year will be used to procure a much-needed state-of-the-art sonography machine for the hospital. The local authorities along with the hospital management presented to  LANXESS the need of a sonography machine as the patients, especially, women had to travel long distances to get such basic tests done.

The machine is expected to be installed at the hospital by the end of this year. The Civil hospital has undertaken the responsibility to operate and maintain the sonography machine.

On this occasion, Mr. Neelanjan Banerjee said, “LANXESS has been at the forefront of bringing positive change in the society through its concerted efforts of carrying out its social responsibilities. Education is one of the key areas of our intervention in the field of CSR and we believe the key to building a brighter India is by strengthening the way education is imparted at the base level using all technological advancement available today.”

Commenting on the project, Mr. Sanjay Singh said, “these initiatives undertaken by LANXESS India are a small way in which we can give back to society. Education is a basic right and all students must be able to avail the technological advancements in learning. Basic healthcare facilities must be provided to all and the installation of the sonography machine at the Civil Hospital of Nagda is a continuation of our commitment to provide quality healthcare facilities in the region.”

About LANXESS

LANXESS is a leading specialty chemicals company with sales of EUR 7.9 billion in 2015 and about 16,700 employees in 29 countries. The company is currently represented at 55 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of chemical intermediates, specialty chemicals and plastics. Through ARLANXEO, the joint venture with Saudi Aramco, LANXESS is also a leading supplier of synthetic rubber. LANXESS is listed in the leading sustainability indices Dow Jones Sustainability Index (DJSI World) and FTSE4Good.

Nagda, September 20, 2017

About LANXESS India Private Limited

LANXESS is a leading specialty chemicals company with sales of EUR 7.7 billion in 2016 and about 19,200 employees in 25 countries. The company is currently represented at 75 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of chemical intermediates, additives, specialty chemicals and plastics. Through ARLANXEO, the joint venture with Saudi Aramco, LANXESS is also a leading supplier of synthetic rubber. LANXESS is listed in the leading sustainability indices Dow Jones Sustainability Index (DJSI World) and FTSE4Good.

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.

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