Recent events
Recent events tied to this brand in public sources.
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2021
Lanxess announces plan to separate High-Performance Materials unit
Lanxess announced that it will transfer its High-Performance Materials business unit to an independent legal corporate structure, with implementation set to begin in the first half of 2022.
2021
Lanxess increases hexanediol prices
Lanxess increased hexanediol prices by EUR 300 per metric ton, citing higher energy costs.
2021
Lanxess raises prices for inorganic pigment products
Lanxess raised prices worldwide for its inorganic pigment products with immediate effect, including minimum increases for iron oxide pigments, chromium oxide pigments and ferrites.
2021
IFF announces agreement to sell Microbial Control business
IFF announced an agreement to sell its Microbial Control business unit to LANXESS for $1.3 billion. The companies expected the transaction to close in the second quarter of 2022, subject to customary conditions and regulatory clearances.
2021
LANXESS completes acquisition of Emerald Kalama Chemical
LANXESS completed its acquisition of Emerald Kalama Chemical. The purchase price was approximately USD 1.04 billion after deducting liabilities.
2021
LANXESS raises fiscal 2021 earnings guidance
LANXESS raised its full-year 2021 guidance for EBITDA pre exceptionals, saying it now expects between EUR 950 million and EUR 1 billion, compared with its previous range of EUR 900 million to EUR 1 billion.
2021
LANXESS and Tinci Materials announce battery chemicals cooperation
LANXESS announced cooperation with Guangzhou Tinci Materials to produce battery electrolyte at a high-tech plant operated by LANXESS's Saltigo business in Leverkusen. Production is planned to begin in 2022 under Tinci Materials' authorization.
2021
Lanxess to acquire Emerald Kalama Chemical
Lanxess has bought Emerald Kalama Chemical from its majority owner, American Securities; completion of the sale is expected in the second half of 2021.
2021
Lanxess agrees to acquire Intace
Lanxess and the seller signed an agreement for Lanxess to acquire French biocide company Intace. The purchase price was not disclosed, and Lanxess expected the transaction to close in the first quarter of 2021.
2021
LANXESS agrees to acquire INTACE
LANXESS agreed to acquire French biocide company INTACE SAS; the parties did not disclose the purchase price, and LANXESS expected the transaction to be completed in the first quarter of 2021.
2021
Suez completes acquisition of Lanxess membrane business
Suez acquired Lanxess’ membrane business. The production plant and research facilities in Bitterfeld, Germany, including all employees, were transferred to Suez on January 1, 2021. The parties did not disclose the purchase price.
2020
SUEZ agrees to acquire LANXESS's reverse osmosis membrane portfolio
SUEZ announced that it had signed an agreement to purchase LANXESS's reverse osmosis membrane portfolio, including membranes, raw materials, and a production facility in Bitterfeld, Germany. The deal was expected to be completed in the coming months, following consultation with the relevant workers’ council.
2020
Lanxess introduces Rely+On Virkon disinfectant
Lanxess introduced Rely+On Virkon, a high-level disinfectant for hard surfaces and equipment. The company said independent tests showed it was effective against the coronavirus.
2020
LANXESS completes acquisition of IPEL
LANXESS completed its acquisition of Brazilian biocide manufacturer IPEL, including its employees, production facility and laboratory facilities.
2020
Sea-Land expands LANXESS product distribution to Canada
Sea-Land Chemical Company entered into an agreement with LANXESS Corporation to distribute specified LANXESS product lines in Canada.
2020
Authorities approve LANXESS–IPEL transaction
The competent antitrust authorities approved the LANXESS–IPEL transaction at the beginning of January 2020.
2019
PMC completes acquisition of Lanxess organotin specialties business
PMC acquired Lanxess' organotin specialties product line. The transaction closed effective December 30, 2019.
2019
LANXESS agrees to acquire IPEL
LANXESS and IPEL signed an acquisition agreement on November 28, 2019. The transaction remained subject to approval by antitrust authorities and was expected to be completed in the first quarter of 2020.