LANXESS

LANXESS AG (FRA: LXS) is a leading specialty chemicals company headquartered in Cologne, Germany. Founded in 2004 as a spinoff from Bayer AG, LANXESS has grown to become a major player in the global chemicals industry with annual sales of EUR 6.7 billion in 2023.

The company operates through three main segments: Advanced Industrial Intermediates, Specialty Additives, and Consumer Protection. These segments encompass 10 business units that develop, manufacture and market a wide range of chemical intermediates, additives, and consumer protection products. Key product areas include high-performance plastics, rubber chemicals, lubricant additives, flame retardants, and water treatment chemicals. LANXESS serves diverse end markets such as automotive, construction, electronics, and agriculture.

LANXESS has a global footprint with around 12,500 employees across 32 countries as of 2023. The company has a strong focus on sustainability, aiming to become carbon neutral by 2040. LANXESS invests significantly in research and development, including the use of artificial intelligence to accelerate product development. The company is listed on the Frankfurt Stock Exchange and is a member of the MDAX index. LANXESS continues to refine its portfolio through strategic acquisitions and divestitures to strengthen its position in specialty chemicals.