Lanxess AG - Company Profile
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Lanxess AG (Lanxess) is a specialty chemical manufacturing company. It develops, manufactures, and markets chemical intermediates, additives, specialty chemicals and plastics. The company’s products find applications in agrochemicals, automotive, construction, aromas and flavors, pharmaceuticals, tire chemicals, electrical, electronics, leather processing and water treatment among others. It carries out R&D in alliance with institutes and universities. Some of its major brands include Rhenogran, Aktiplast, Aflux, Vulcuren, Perkalink and Rhenoshape among others. The company operates through a network of manufacturing facilities across the world. It has a presence in Europe, Asia Pacific, Latin America, and North America. Lanxess is headquartered in Cologne, North Rhine-Westphalia, Germany.
Headquarters
Germany
Address
Kennedyplatz 1, Koeln, Nordrhein-Westfalen, 50569
Website
lanxess.com
Telephone
49 221 88850
No of Employees
12,849
Industry
Chemicals
Ticker Symbol & Exchange
LXS (ETR)
Revenue (2022)
$7.3B
-17%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
77.2%
(2022 vs 2021)
Market Cap*
$2.4B
Net Profit Margin (2022)
XYZ
113.6%
(2022 vs 2021)
* As of and is in US$
Lanxess AG premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Advanced industrial intermediates : | Mesamoll |
| Aromatic compounds | Rhenogran |
| Amines | Aktiplast |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In March, the company expanded its partnership with Azelis to distribute LANXESS polymer additives phosphorous flame retardants in the US. |
| 2024 | Contracts/Agreements | In January, the company and IBU-tec entered into a research cooperation for the development of innovative iron oxides for the production of cathode material for LFP batteries. |
| 2023 | Contracts/Agreements | In September, the company entered into a partnership with Tennants GmbH for integrated solutions in industrial plant hygiene. |
Competitor Comparison
| Key Parameters | Lanxess AG | BASF SE | Wacker Chemie AG | Altana AG | Nizhnekamskneftekhim |
|---|---|---|---|---|---|
| Headquarters | Germany | Germany | Germany | Germany | Russia |
| City | Koeln | Ludwigshafen Am Rhein | Munich | Wesel | Nizhnekamsk |
| State/Province | Nordrhein-Westfalen | Rheinland-Pfalz | Bayern | Nordrhein-Westfalen | - |
| No. of Employees | 12,849 | 111,991 | 16,378 | 6,957 | 18,867 |
| Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Matthias Zachert | Chief Executive Officer | Senior Management | 2014 | 56 |
| Michael Pontzen | Chief Financial Officer | Senior Management | 2015 | 54 |
| Matthias L. Wolfgruber | Chairman | Non Executive Board | 2018 | 69 |
| Frederique van Baarle | Member-Management Board; Director - Labor | Senior Management | 2023 | 52 |
| Neelanjan Banerjee | Head - Lubricant Additives Business | Senior Management | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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