chemical industry
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Business
LANXESS lowers costs and increases efficiency
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 EUR 150 million from 2025…
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Business
Frederique van Baarle appointed new member of the LANXESS Board of Management
Mumbai, (Maharashtra) [India]: Frederique van Baarle is moving up to the Management Board of Cologne-based specialty chemicals company LANXESS. The Supervisory Board has appointed the 51-year-old as Labor Director. She takes over this function from Management Board member Anno Borkowsky. Van Baarle currently heads the High-Performance Materials business unit at LANXESS, which is to be incorporated into a planned joint…
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