Lanxess AG
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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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.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Matthias Zachert
- Full Time Employees
- 11,709
- Sector
- Basic Materials
- Industry
- Chemicals - Specialty
- Address
- Kennedyplatz 1 Cologne NW Germany 50569
- IPO Date
- Jan 21, 2020
- CIK
- 0001311307
- Website
- lanxess.com
- Similar Companies
- Business
- Lanxess AG is a leading specialty chemicals company that develops, manufactures and markets chemical intermediates, additives, specialty chemicals and consumer protection products. The company operates through three segments: Advanced Industrial Intermediates, which produces basic and fine chemicals, organometallics and inorganic pigments for construction materials, paints and coatings; Specialty Additives, which supplies lubricants, flame retardants, plasticizers and bromine derivatives for rubber, plastics, paints, construction and electrical applications; and Consumer Protection, which provides disinfectants, hygiene and preservative solutions, flavors, fragrances, water treatment technologies and precursors for agrochemicals, pharmaceuticals and specialty chemicals. Lanxess serves diverse industries including automotive, agriculture, electronics and personal care, with global operations across approximately 32 countries and around 11,800 employees. Founded in 2004 as a spin-off from Bayer AG and headquartered in Cologne, Germany, the company reported annual sales of EUR 6.4 billion in 2024. In recent developments, Lanxess completed the sale of its Urethane Systems business to Japan's UBE Corporation on April 1, 2025, for approximately EUR 460 million in proceeds, marking the divestiture of its last polymer operations and completing its transformation into a pure specialty chemicals provider; the company is using the funds to reduce debt, including redeeming a EUR 500 million bond. Additionally, Lanxess expanded U.S. production of rubber additives at its Bushy Park facility in September 2025 to enhance supply chain resilience and customer service in North America; formed distribution partnerships in February 2024 with Lintech International, Omya Specialty Minerals and DKSH for industrial preservatives in the CASE sector; and continues implementing its FORWARD! action plan for cost savings, achieving a 31.7% rise in first-quarter 2025 EBITDA pre exceptionals to EUR 133 million amid stable sales of EUR 1.6 billion.
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