Lanxess
| Company type | Aktiengesellschaft (Public) |
|---|---|
| Industry | Chemicals |
| Predecessor | Bayer Chemicals |
| Founded | 1 July 2004; 20 years ago (2004年07月01日) |
| Headquarters | , |
Key people |
|
| Products | polymers, intermediates and Specialty chemicals |
| Revenue | Decrease €7.2B (2018)[1] |
| Increase 464ドル million (2016) | |
| Increase 192ドル million (2016) | |
Number of employees | 14,000 |
| Website | lanxess |
Lanxess AG is a German specialty chemicals company based in Cologne, Germany that was founded in 2004, via the spin-off of the chemicals division and parts of the polymers business from Bayer AG.[2]
History
[edit ]The roots of the company go back to 1863, the year Bayer AG was founded. In November 2003, as part of a major restructuring, the Bayer Group decided to spin off large parts of its chemical activities and around a third of its polymer business into an independent company.[3]
On 1 July 2004 Lanxess positioned itself internally in the new structures. In November 2004, the Extraordinary General Meeting of Bayer AG took place in Essen. Over 99 percent of the capital present voted for Lanxess to be spun off from Bayer.[4]
Shares in Lanxess AG were listed in Germany’s DAX from 24 September 2012 to 21 September 2015, and form part of MDAX, a midcap index. The company is listed in the Dow Jones Sustainability Index and FTSE4Good Index.
In 2016, the company began to focus on the market for additives for lubricants and fire retardants by acquiring Chemtura and placing its rubber business into a joint venture with Aramco.[5] [6] [7]
In February 2020, Lanxess acquired Brazilian biocide manufacturer Itibanyl Produtos Especiais Ltda. (IPEL).[8]
In July 2022, Lanxess completed its acquisition of International Flavors & Fragrances' microbial control unit for US1ドル.3 billion.[9]
Notes
[edit ]- ^ "Ein führender Spezialchemie-Konzern - LANXESS" (PDF). Archived (PDF) from the original on 2018年01月17日. Retrieved 2018年01月17日.
- ^ Short, Patricia L.; Tullo, Alexander H. (June 22, 2004). "Bayer, Parting Ways". C&EN.
- ^ "HISTORIE Ein junges Unternehmen mit starken Wurzeln". Archived from the original on 2019年04月13日.
- ^ "Bayer-Vorstand hat entschieden: Lanxess-Börsengang erfolgt durch Spin-Off". www.chemie.de (in German). Retrieved 2023年02月27日.
- ^ Cullen, Angela (29 May 2017). "Buffett Buys Stake in German Specialty Chemicals Maker Lanxess". Bloomberg News. Archived from the original on 31 May 2017.
- ^ Divac, Natascha; Nakrosis, Stephen (26 September 2016). "Lanxess Shares Rise on 2ドル.7 Billion Acquisition of Chemtura". Wall Street Journal. Archived from the original on 6 August 2017.
- ^ Kaskey, Jack; Miller, Kevin; Matthews, Sheenagh (September 26, 2016). "Lanxess to buy Chemtura for 2ドル.1 billion". Bloomberg news via Pittsburgh Post-Gazette. Archived from the original on March 30, 2017.
- ^ "LANXESS completes acquisition of Brazilian biocide manufacturer IPEL". www.chemeurope.com. Retrieved 2020年02月06日.
- ^ Hronec, Jordyn (1 July 2022). "Lanxess completes 1ドル.3 billion acquisition". American City Business Journals. Archived from the original on 2 July 2022.
External links
[edit ]- Chemical companies of Germany
- Companies listed on the Frankfurt Stock Exchange
- Chemical companies established in 2004
- German brands
- Manufacturing companies based in Cologne
- Multinational companies headquartered in Germany
- 2004 establishments in Germany
- Corporate spin-offs
- Former Bayer subsidiaries
- Companies in the MDAX