Lanxess AG Overview
Company Headquarters: Cologne, Germany
Founded: 2004
Workforce: ~15,441
Company Working: LANXESS AG (LANXESS) is a holding company that offers specialty chemicals, chemical intermediates, additives, specialty chemicals, and plastics. The company operates through four business segments, including advanced intermediates, specialty additives, performance chemicals, and engineering materials. The advanced intermediates segment consists of industrial chemical intermediates, chemical precursors, and specialty active ingredients. The specialty additives segment focuses on the manufacturing specialty additive chemicals, such as plastic and rubber additives, phosphorus-based and brominated flame-retardants, plastic additives, such as flame-retardants and plasticizers, and lubricants. The performance chemicals segment covers application-oriented processes and functional chemical operations. The high-performance materials segment includes plastic engineering materials. The ARLANXEO segment offering synthetic rubber is shut down since April 2018. LANXESS operates around 74 production sites in 33 countries across Europe, the Middle East & Africa (EMEA), North America, Latin America, and Asia-Pacific.
Strategy
LANXESS AG's key strategy is to focus on sustainable growth and innovation while maintaining a customer-focused approach. The company aims to provide solutions that contribute to a sustainable future and invests heavily in research and development to create new products and improve existing ones. LANXESS AG also places a strong emphasis on compliance with laws and regulations, as well as integrity and responsibility among its employees. The company has a global presence and is committed to expanding its reach through partnerships and acquisitions. Additionally, LANXESS AG seeks to continuously improve its operational efficiency and cost structure to enhance its competitiveness in the market.



