Lanxess AG (LXS.DE) XETRA
Currency In EUR
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Lanxess AG
Sector
Basic Materials
Industry
Chemicals - Specialty
Employees
12320
First IPO Date
January 03, 2000
Key Executives
| Name | Title | Pay | Year Born |
| Oliver Stratmann | Chief Financial Officer & Member of the Management Board | 883,000 | 1972 |
| Frederique van Baarle | Member of the Board of Management & Labor Director | 1.08M | 1971 |
| Hubert Fink | Member of the Board of Management | 1.42M | 1962 |
| Matthias Zachert | Chairman of the Board of Management | 3.29M | 1967 |
| Stephan Spiegelhauer | Head of the Global Competence Center Paints & Coatings - Inorganic Pigments Business Unit | 0 | N/A |
| Jorge Alberto Nogueira | Head of Tire & Speciality Rubbers Business Unit | 0 | 1951 |
| Marcel Beermann | Head of Procurement & Logistics Group Function | 0 | 1973 |
| Thomas Duletzki | Head of the Mergers & Acquisitions Group | 0 | 1981 |
| Wolfgang Schmitz | Managing Director of Saltigo Gmbh | 0 | N/A |
| Katja Borghaus | Head of Human Resources | 0 | 1970 |
Description
LANXESS Aktiengesellschaft, a prominent specialty chemicals firm, is engaged worldwide in the development, production, and sale of chemical intermediates, additives, specialized chemicals, and plastics. The company's operations are divided into four primary segments: Advanced Intermediates, Specialty Additives, Consumer Protection, and Engineering Materials. The Advanced Intermediates division supplies sophisticated industrial intermediates, fundamental and refined chemicals, organometallic compounds, and inorganic pigments, catering to industries like agrochemicals, automotive, construction, flavors and fragrances, semiconductors, photovoltaics, and color pigments. The Specialty Additives segment provides various specialized additives, including lubricants, flame retardants, plasticizers, and bromine derivatives, for applications in rubber, plastic, paint, construction, and electrical sectors. The Consumer Protection segment offers products for material preservation, disinfection, hygiene, and preservation, alongside flavors and fragrances, and precursors for the agrochemical, pharmaceutical, and specialty chemical industries. It also delivers technologies for water and liquid treatment. Finally, the Engineering Materials segment produces high-performance plastics, glass fibers, fiber composites, and urethane-based elastomers, which find use in the automotive, electrical/electronics, construction, medical, and sports and leisure fields. Founded in 1863, LANXESS has its headquarters situated in Cologne, Germany.