LANXESS with good Q2 2022 despite challenging environment
In a challenging environment with increased raw material and energy costs and difficult logistics conditions, LANXESS increased its earnings again: EBITDA pre exceptionals was EUR 253 million in the second quarter of 2022, 14.5 percent higher than the prior-year quarter’s figure of EUR 221 million.
Entire value chain to become climate-neutral
Specialty chemicals company LANXESS is taking the next step in climate protection and has set a target for its scope 3 emissions: The Group aims to make its upstream and downstream supply chains climate-neutral by 2050. This includes indirect emissions, particularly from purchased raw materials, but also from logistics and end products.
LANXESS completes acquisition of IFF’s microbial control business
Specialty chemicals company LANXESS has completed the acquisition of the microbial control business unit of the U.S. group International Flavors & Fragrances Inc. (IFF).
Effective July 1, 2022 Namitesh Roy Choudhury assumes the role of Vice Chairman and Managing Director of LANXESS India Private Limited. He also takes on the responsibility as head of the India region while being designated the Country Representative.
“Quality Works”: LANXESS focuses on electromobility and sustainability at K 2022
LANXESS will be exhibiting at K 2022 in Duesseldorf, the world’s largest trade fair for plastics and rubber, under the motto “Quality Works”. From October 19 to 26, the specialty chemicals company will present material developments as well as new processes and technologies for the plastics industry at its 700-square-meter booth C76 – C78 in Hall 6. In addition, sustainable products and system solutions for the rubber and polyurethane industries will be on display, as well as colorants and intermediates for the polymer sector.
LANXESS India wins the prestigious Golden Peacock HR Excellence Award for the year 2021
Specialty chemicals company LANXESS India won the prestigious Golden Peacock HR Excellence Award 2021 for its commitment and outstanding performance in all areas of Human Resource Management.
Specialty chemicals company LANXESS and Advent International (“Advent”), one of the largest and most experienced global private equity investors with a well established track record in chemicals investings, are establishing a joint venture for high-performance engineering polymers. The two companies signed an agreement to acquire the DSM Engineering Materials business (DEM) from Dutch group Royal DSM, which will become part of the new joint venture.
LANXESS makes strong start to fiscal year 2022
In a challenging environment, specialty chemicals company LANXESS made a strong start to the year 2022. Today, it confirmed the preliminary figures for the first quarter released on April 19. LANXESS is also confident going into the second quarter, in which the Group expects EBITDA pre exceptionals of between EUR 280 million and EUR 350 million.
LANXESS India celebrates 10 successful years of operations at its Jhagadia manufacturing site
Specialty chemicals company LANXESS India celebrates the 10th anniversary of operations of three of its Business Units – Material Protection Products, Rhein Chemie and High Performance Materials at its state-of-the-art Jhagadia manufacturing site in Gujarat this month.
Neelanjan Banerjee to take over as the new Global Head of Business Unit Lubricants Additives. Martin Saewe takes over as Head of Group Initiative E-Mobility and Circular Economy. Namitesh Roy Choudhury to succeed Neelanjan Banerjee as Country Representative & Managing Director for India region.
LANXESS once again recognized by CDP as a global leader in climate protection
Specialty chemicals company LANXESS has once again been recognized for its achievements in the fight against climate change. In the latest assessment by the renowned climate protection initiative CDP, the Group has made it into the “Climate A List” as one of 200 companies worldwide. This puts LANXESS among the top 2 percent of the more than 12,000 companies assessed by CDP.
LANXESS India is now Great Place to Work-Certified™
Leading specialty chemicals company LANXESS India has been Great Place to Work-Certified™ in India (from October 2021 to October, 2022) by the Great Place to Work® Institute. The certification recognizes organization’s efforts in building a High-Trust, High-Performance Culture™ and delivering an excellent employee experience for all.
LANXESS India wins big at the Indian Chemical Council awards
Specialty chemicals company LANXESS India has been conferred with three prestigious awards from the Indian Chemical Council (ICC), recognizing the organization’s commitment and outstanding performance specifically in the areas of Health & Safety. LANXESS India won awards for Excellence in Management of Health & Safety, Best Responsible Care committed company & ICC CERTIFICATE OF MERIT for Best Compliant Company for the Codes under RESPONSIBLE CARE, and Best Nicer Globe User Company.
LANXESS India wins CII’s Water Management Company of the Year 2020 award
Specialty chemicals company LANXESS India has won the prestigious Confederation of Indian Industry (CII) award for Water Management for the year 2020 for its commitment and significant achievements in the area of Water Conservation in its manufacturing operations in Nagda, Madhya Pradesh. The award was presented to LANXESS on Saturday, 28th August in a virtual ceremony.
LANXESS completes acquisition of Emerald Kalama Chemical
Specialty chemicals company LANXESS completed the second-largest acquisition in its history on August 3 with the takeover of Emerald Kalama Chemical.
LANXESS completes sale of its organic leather chemicals business
Specialty chemicals company LANXESS completed the sale of its organic leather chemicals business to TFL Ledertechnik GmbH on June 1, 2021.
LANXESS India continues to support fight against COVID-19 through its CSR initiatives
LANXESS India has committed over INR 2.1 crores as part of its CSR spends to support the medical infrastructure in the country in its fight against the Coronavirus pandemic.
LANXESS India bags the prestigious Golden Peacock Occupational Health & Safety Award 2020
Specialty chemicals company LANXESS India has won the prestigious Golden Peacock Occupational Health & Safety (GPOHSA) award for the year 2020 for its commitment and significant achievements in the area of Occupational Health and Safety.
LANXESS recognized by CDP as global climate protection leader
LANXESS' efforts in tackling climate change have again been recognized by international climate protection initiative CDP. In the most recent evaluation, the specialty chemicals company is once more listed in the “Climate A List” as one of 270 companies worldwide, placing it among the top 5 percent out of around 5,800 enterprises evaluated by CDP.
LANXESS again achieves top positions in Dow Jones Sustainability Indices
LANXESS' commitment to greater sustainability is again paying off in fiscal 2020: The specialty chemicals company is at the top of the Dow Jones Sustainability Index (DJSI) Europe in the "Chemicals" category, as it was last year, and improved to second place in the DJSI World.