Sales of EUR 1.6 billion in the first quarter of 2024 were 15.4 percent below the same quarter of the previous year Mumbai (Maharashtra) [India], May 10, 2024: Specialty Chemicals Company LANXESS expects earnings for the current fiscal year to increase between 10 and 20 percent – even though the results for the first quarter…
Mumbai (Maharashtra), [India], May 28, 2024: LANXESS reaffirms its commitment to sustainability and community development through a series of impactful Corporate Social Responsibility (CSR) projects in Jhagadia, Gujarat. The organization has implemented several initiatives aimed at promoting education, renewable energy, vocational training, and water conservation in the region in the last couple of years. LANXESS has…
Mumbai (Maharashtra) [India]: Specialty chemicals company LANXESS is raising its prices for adipic acid globally with immediate effect. The increase amounts for EUR 250 per metric ton. The adjustment is due to the significant rise in raw material costs over the past months. About LANXESS: LANXESS is a leading specialty chemicals company with sales of…
Net income increases to EUR 443 million due to portfolio measures Initial cost savings generated with “FORWARD!” action plan Mumbai (Maharashtra) [India]: Specialty chemicals company LANXESS had sales in fiscal year 2023 amounted to EUR 6.714 billion, down 17.0 percent from the previous year’s figure of EUR 8.088 billion. EBITDA pre exceptionals decreased by 44.9 percent to EUR 512 million compared with EUR 930 million…
Naturally derived preservative for the personal care industry Neolone BioG Preservative joins the Scopeblue sustainability range Mumbai (Maharashtra) [India], October 31, 2023: The specialty chemicals company LANXESS is marketing yet another product that meets the criteria of its “Scopeblue” sustainability brand. Neolone BioG Preservative was approved for use in cosmetic and personal care products in accordance…
Mumbai (Maharashtra) [India]: 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. In addition, the Group is positioning itself more efficiently and will permanently reduce its annual costs by around…
Mumbai (Maharashtra) [India]: Specialty chemicals company LANXESS will globally increase its basic prices for all Lewatit ion exchange resins and Bayoxide iron oxide adsorbers for water treatment applications by on average 3 percent. The price increase will be valid starting July 1, 2023 for all deliveries. Customers will be informed individually. The variable surcharge introduced…
“Green” alternatives for all flavors and fragrances, preservatives and animal nutrition products Mumbai (Maharashtra) [India]: By 2050, specialty chemicals company LANXESS aims to make its entire value chain climate-neutral. The Flavors & Fragrances business unit is leading the way: it will offer sustainable product variants for its entire portfolio of flavours and fragrances, preservatives and…
Sales up 32.6 percent year-on-year at EUR 8.088 billion Mumbai (Maharashtra) [India]: In an environment characterised by many upheavals, LANXESS closed fiscal year 2022 successfully. The specialty chemicals company’s sales and earnings have increased significantly. Group sales amounted to EUR 8.088 billion in 2022, up 32.6 percent on the previous year’s figure of EUR 6.101…
Interactive event from March 7 to 9, 2023, for customers and interested parties from all over the world 45 webinars on LANXESS products, services and strategic alignment Focus on specialty chemicals for consumer protection and sustainability Mumbai (Maharashtra) [India]: LANXESS to hold “Virtual Days” for the third time: From March 7 to 9, 2023, existing…
