Matthias Zachert

  • 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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  • BusinessLANXESS increases sales and earnings significantly in fiscal year 2022

    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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  • BusinessFrederique van Baarle appointed new member of the LANXESS Board of Management

    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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