LANXESS
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Business
LANXESS significantly increases earnings in fiscal year 2024
EBITDA pre exceptionals increases by 19.9 percent to EUR 614 million Sales of EUR 6.366 billion down 5 percent year-on-year Mumbai, (Maharashtra) April 8, 2025: In fiscal year 2024, LANXESS significantly increased its earnings despite the difficult global economic situation: EBITDA pre exceptionals climbed by 19.9 percent to EUR 614 million, up from EUR 512 million in the previous year.…
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Business
LANXESS inaugurates India Application Development Center
Supports innovation and tailored solutions for India’s industrial and consumer markets Mumbai, (Maharashtra) [India], March 28, 2025: German specialty chemicals company LANXESS today inaugurated its India Application Development Center (IADC) in Thane, Mumbai, strengthening its innovation and customer service capabilities. The center, taking up an entire floor at LANXESS House, serves as a hub for two business units with capacity…
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Business
LANXESS drives sustainable change in Jhagadia through its CSR initiatives
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 been a driving force in…
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Business
LANXESS expects earnings improvement for fiscal year 2024
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 the year before. The EBITDA…
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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
LANXESS increases sales and earnings significantly in fiscal year 2022
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 billion. EBITDA pre exceptionals increased…
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Business
First rank in Dow Jones Sustainability Index (DJSI) Europe; second rank in DJSI World
LANXESS again ranks top in Dow Jones Sustainability Indexes Mumbai (Maharashtra) [India]: LANXESS once again scores highly in terms of sustainability: The specialty chemicals company ranked first in the Dow Jones Sustainability Index (DJSI) Europe in the “Chemicals” category, scoring 85 out of 100 points. In the DJSI World, LANXESS came in second as in the previous year. The Group…
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Business
LANXESS again first rank in Dow Jones Sustainability Index Europe, second rank in World
Mumbai (Maharashtra) [India]: LANXESS once again scores highly in terms of sustainability: The specialty chemicals company ranked first in the Dow Jones Sustainability Index (DJSI) Europe in the “Chemicals” category, scoring 85 out of 100 points. In the DJSI World, LANXESS came in second as in the previous year. The Group achieved particularly good results in the areas of product…
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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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Health & Fitness
Rely+On Virkon from LANXESS effective against monkeypox virus
Mumbai (Maharashtra) [India]: With cases of monkeypox continuing to rise and spread around the world, government health departments are providing advice and guidance on how to help prevent transmission of the disease with hygiene and disinfection of the utmost importance. The high level disinfectant Rely+On Virkon from specialty chemicals company LANXESS is effective against the monkeypox virus. The product is…
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