LANXESS AG
Capital Structure
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Matthias Zachert
- Full Time Employees
- 11,709
- Sector
- Process industries
- Industry
- Chemicals: major diversified
- Address
- Kennedyplatz 1 Cologne NW Germany 50569
- IPO Date
- Nov 2, 2007
- Website
- lanxess.com
- Similar Companies
- Business
- Lanxess AG (LXS.DE) is a leading specialty chemicals company that develops, manufactures and markets advanced chemical intermediates, additives, and consumer protection products worldwide. The company operates through four main segments: Specialty Additives, which includes flame retardants, plastic additives and lubricants under brands such as Baymod, Durethan and TeFax; Consumer Protection, offering microbial control solutions, odor control and functional hygiene products like Preventol and KATHON; Engineering Materials, providing high-performance plastics and elastomers such as Durethan polyamides, Pocan polyesters and Crastin; and Arlanxeo, its rubber business joint venture with Saudi Aramco producing synthetic rubbers including Buna. Lanxess serves industries including automotive, construction, agriculture, electronics, energy, and personal care, with manufacturing sites and sales offices across more than 60 countries in Europe, Asia, North and South America, and the Middle East. Founded in 2004 as a spin-off from Bayer AG and headquartered in Cologne, Germany, the company continues to focus on sustainable innovation and circular economy solutions. In recent developments, Lanxess completed the acquisition of a majority stake in the biobased chelator business from Ataman Kimya in 2024, expanding its sustainable metal decontamination offerings for detergents and cleaners; it also formed a strategic partnership with Trinseo in 2024 to develop sustainable flame-retardant polymer compounds using recycled materials. The company divested its leather chemicals business to TFL in 2023 and its chrome chemicals effects business to a consortium led by 3CR Partners in 2024, streamlining its portfolio toward higher-growth specialty segments. Additionally, Lanxess launched new product lines including ion exchange resins for water treatment and advanced anti-corrosion coatings in 2025, alongside expanding production capacity for engineering plastics in China and the U.S. to meet rising demand in electric vehicles and renewable energy applications. These moves reflect Lanxess' ongoing strategic shift toward sustainability-driven growth and operational efficiency.
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