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2014-05-09

Dr. Jacques Perez, takes over as Managing Director and Country Representative of LANXESS India with effect from May 1, 2014

Mumbai, May 9, 2014: Effective May 1, 2014, Dr. Jacques Perez assumes the position of Managing Director and Vice Chairman of LANXESS India Private Limited and acts as Country Representative of LANXESS in India. This is in addition to his earlier responsibility as a Director and Chief Financial Officer (CFO) at LANXESS India Private Limited since April 2013.

Backed by a rich multi-cultural experience of over 25 years, Dr. Perez worked for the pharmaceutical industry (Hoechst Group, Sanofi Aventis Group) in Europe, South America and Asia. He held key positions in marketing and sales, project management, internal audit, supply chain and finance. He has been with LANXESS since July 2008 as Chief Financial Officer of LANXESS Elastomeros do Brasil S.A in Brazil.

His interests lie in experiencing diversity and to evolve in a multi-cultural environment. He believes that it is a rewarding experience, a priceless opportunity for personal and professional development, as well as a foundation to always perform better.

Dr. Perez succeeds Dr. Joerg Strassburger who had been the Managing Director and Country Representative of LANXESS India since the past 9 years. The Board of Directors of LANXESS India took this opportunity to convey their gratitude to Dr. Strassburger for his valuable contributions and successful leadership during his tenure in India and wished him all the best for a new chapter in his life.

About LANXESS:
LANXESS is a leading specialty chemicals company with sales of EUR 8.3 billion in 2013 and roughly 17,000 employees in 31 countries. The company is currently represented at 52 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of plastics, rubber, intermediates and specialty chemicals. LANXESS is a member of the leading sustainability indices Dow Jones Sustainability Index (DJSI) World and FTSE4Good as well as the Carbon Disclosure Leadership Index (CDLI).

Forward-Looking Statements:
This news release may contain forward-looking statements based on current assumptions and forecasts made by LANXESS AG management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.

Information for editors:
All LANXESS news releases and their accompanying photos can be found at press.lanxess.com. Recent photos of the Board of Management and other LANXESS image material are available at photos.lanxess.com. The latest TV footage, audiofiles and podcasts can be found at multimedia.lanxess.com.
You can find further information concerning LANXESS chemistry in our WebMagazine at webmagazine.lanxess.com.

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