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Persistently weak demand impacts third quarter

In the third quarter of 2023, LANXESS’ business figures were again influenced by the persistently weak economy. Sales amounted to EUR 1.601 billion, down 26.7 percent on the previous year’s figure of EUR 2.185 million. EBITDA pre exceptionals fell by 50.4 percent from EUR 240 million to EUR 119 million.



LANXESS lowers costs and increases efficiency

With its “FORWARD!” action plan, special chemical company LANXESS counteracts the phase of weak economic development. This will initially save LANXESS around EUR 100 million in 2023 through one-time cost reductions and lower investments.



LANXESS India wins the FICCI Chemicals & Petrochemicals Award 2023 for Sustainability- Excellence in Safety

LANXESS India has won the prestigious FICCI Chemicals and Petrochemicals Award 2023 for Sustainability - Excellence in Safety. This esteemed recognition is a testament to our unwavering commitment towards maintaining highest standards of safety across all our operations.



Frederique van Baarle assumes position on the LANXESS Board of Management

Frederique van Baarle has taken up her position as a member of the Board of Management and Labor Director at Cologne-based specialty chemicals company LANXESS effective April 1, 2023.



LANXESS and Advent International complete foundation of industry leading Engineering Materials joint venture

Specialty chemicals company LANXESS and private equity investor Advent International (“Advent”) have completed the formation of their engineering materials joint venture effective April 1, 2023. The new joint venture is the result of the combination of DSM’s Engineering Materials business and LANXESS’s former High Performance Materials business.



LANXESS India wins the prestigious CII Western Region SHE Excellence & Innovation Award 2022

LANXESS India has won the prestigious 17th Edition of CII Western Region Safety, Health and Environment (SHE) Excellence & Innovation Award 2022 in the Manufacturing Category (large) for its Jhagadia site.



LANXESS increases sales and earnings significantly in fiscal year 2022

In an environment characterised by many upheavals, LANXESS closed fiscal year 2022 successfully. The specialty chemicals company’s sales and earnings have increased significantly.



LANXESS expands Rhenodiv® production at Jhagadia site

Specialty chemicals company, LANXESS laid the foundation stone for its Business Unit Rhein Chemie’s new and upcoming production line for Rhenodiv® - New Technology Release agents at its Jhagadia site. With this facility, the business unit will serve the growing demand of the Indian Tire & Rubber goods market.



LANXESS showcases its finest aroma chemicals range at FAFAI 2023

Specialty chemicals company LANXESS, is presenting its extensive portfolio of flavor & fragrance applications for the first time at XXV FAFAI International Convention & Expo in Kolkata, from February 24-25. The Flavors & Fragrances (F&F) business unit is showcasing its finest aroma chemicals range in Hall A, booth no: F-12.



LANXESS showcases Fungicides for Leather at IILF 2023

Specialty chemicals company LANXESS, is presenting its exclusive fungicides portfolio for the leather industry at the India International Leather Fair (IILF) in Chennai, India between February 1 – 3. The Material Protection Products (MPP) business unit is showcasing its Preventol® preservative range in Hall 2, booth no: 2-11-F.



LANXESS Performance Materials showcases impressive range of high performance plastics at PLASTINDIA 2023

LANXESS Performance Materials, a leading global joint venture established between LANXESS and Advent International for high-performance engineering polymers is presenting a range of modern and light weight solutions with high-performance plastics for the automotive, two-wheeler and e-mobility industry at PLASTINDIA 2023 from 1st to 5th February. The company is also exhibiting select applications of high-performance plastics in the electronics and electrical industry.



CDP again awards an “A” rating to LANXESS’ efforts on 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 once again made it to the climate A List as one of 283 companies worldwide. This puts LANXESS among the top 2 percent of the nearly 15,000 companies scored by CDP.



LANXESS again ranks top in Dow Jones Sustainability Indexes

LANXESS once again scores highly in terms of sustainability: The specialty chemicals company ranked first in the Dow Jones Sustainability Index (DJSI) Europe in the “Chemicals” category, scoring 85 out of 100 points.



LANXESS with good third quarter of 2022

In a challenging environment with a continued rise in energy and raw material costs, the specialty chemicals company LANXESS delivered good results for the third quarter of 2022: Sales increased by a significant 38.2 percent from EUR 1.581 billion in the prior-year quarter to EUR 2.185 billion. EBITDA pre exceptionals reached EUR 240 million, growing by 4.8 percent compared to the previous year’s figure of EUR 229 million.



LANXESS India wins the ‘Digitech Front Runner of the year’ FICCI Award 2022

LANXESS India has won the FICCI Chemicals & Petrochemicals Award 2022 for ‘Digitech Front Runner of the year’ category in chemical sector. Shri Bhagwanth Khuba, Union Minister of State for Chemicals and Fertilizers, Government of India presented the coveted award in the presence of senior officials from the department of Chemicals and Petrochemicals and other stakeholders of the sector.



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).



Namitesh Roy Choudhury assumes the role of Vice Chairman and Managing Director for LANXESS India region

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.