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You are here: Home1 / Lanxess

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Tyre manufacturing suppliers Lanxess and Arkema listed in DJSI

Company News, International News

In addition to the tyre manufacturers listed, at least two of the best-known manufacturing material suppliers were also listed on the Dow Jones Sustainability World Index effective 23 November 2020 – Arkema and Lanxess.

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Related news:

  1. Nynas to Supply Lanxess Rubber Production Following DAE Ban
  2. Birla Carbon releases 7th sustainability report
  3. Michelin and Pirelli lead in rubber sustainability – Context Group
  4. EU model used for Chinese green tyre specification
20th November 2020/by Chris

Vegan material reduces CO2 during tyre production

Product News

Speciality chemicals company Lanxess has added a plant-based raw material variant to the Aktiplast PP product range produced by its Rhein Chemie business unit. These processing promoters for polymer blends are used in the production of tyres and a wide range of technical rubber articles. Aktiplast PP-veg, which is based on renewable raw materials, was developed specifically in response to a customer requirement from Asia. An international tyre manufacturer based in Europe has also expressed “great interest” in the material, Lanxess adds.

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Related news:

  1. The 6th International Exhibition on Tyres and Rubber Technology
  2. Lanxess Releases New Tyre Additive
  3. Lanxess Shows Off Latest SR Know-How
  4. Tyre industry remains a Lanxess focus
13th February 2020/by Stephen

Lanxess presenting tyre manufacturing solutions at TTE

Product News

We haven’t heard a great deal from Lanxess since it spun off its Tire & Specialty Rubbers (TSR) and the High Performance Elastomers (HPE) business units into the Arlanxeo joint venture in 2016. But the company, which sold its 50 per cent share in Arlanxeo a year and a half ago, is still very much active as a supplier to the tyre industry. Later this month, Lanxess will showcase its tyre manufacturing solutions at Tire Technology Expo.

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Related news:

  1. Nynas to Supply Lanxess Rubber Production Following DAE Ban
  2. Lanxess to share latest rubber research at Tire Technology Expo
  3. Goodyear Completes Wingtack Sale
  4. Goodyear Was Ready for Storms
4th February 2020/by Stephen

New Lanxess vulcanisation accelerator

Product News

A new product that specialty chemicals company Lanxess will soon trial with customers promises sufficient time for full cross-linking, even at high temperatures. The VP Vulkacit TZ vulcanisation accelerator is a sulfenamide based on aromatic amines and is suitable for all types of rubber. Lanxess foresees its use in the production of tyres and technical rubber goods.

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Related news:

  1. Lanxess Shows Off Latest SR Know-How
  2. Lanxess Gearing Up for World Rubber Day
  3. Tyre industry remains a Lanxess focus
  4. Lanxess presenting tyre manufacturing solutions at TTE
18th October 2019/by Stephen

Saudi Aramco to become 100% owner of Arlanxeo

Company News

An agreement was signed today for the sale of Lanxess’ 50 per cent share in the Arlanxeo joint venture to its partner, Saudi Aramco. Should antitrust authorities approve the transaction, Lanxess will receive approximately 1.4 billion euros in cash after deducting debt and other financial liabilities for its 50 per cent share in the business, which is valued at 3.0 billion euros. Lanxess, which at the end of June 2018 had a net financial debt of 2.6 billion euros, says it plans to use the proceeds to strengthen its financial basis and reduce net financial debt.

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Related news:

  1. Arlanxeo – 1 April launch for Lanxess, Saudi Aramco synthetic rubber firm
  2. Lanxess and Saudi Aramco create synthetic rubber joint venture
  3. Arlanxeo – synthetic rubber JV’s Executive Board named
  4. Rhein Chemie acquires US bladder manufacturer
8th August 2018/by Stephen

Jorge Nogueira takes over as Arlanxeo’s CEO

Career Tracks

Starting 9 September, Jorge Nogueira is chief executive officer of Arlanxeo. He succeeds Jan Paul de Vries, who has left the synthetic rubber manufacturer to “seek a new professional challenge.” Prior to his appointment as CEO, Nogueira headed the company’s Tire & Specialty Rubbers (TSR) business unit, and he been a member of the Arlanxeo Executive Board since the joint venture was founded in April 2016.

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Related news:

  1. Arlanxeo – synthetic rubber JV’s Executive Board named
  2. Arlanxeo – 1 April launch for Lanxess, Saudi Aramco synthetic rubber firm
  3. Lanxess appoints Fink to management board
  4. Breuers steps down from Lanxess role as restructuring gets in swing
11th September 2017/by admin

Arlanxeo sales up 25% in Q2 2017, EBITDA lower

Company News

Lanxess reports that sales in the Arlanxeo business segment rose 24.6 per cent year-on-year to 835 million euros. EBITDA pre-exceptionals decreased 3.0 per cent to 92 million euros; the speciality chemical company says increases in energy costs “in particular stood against the success in passing on increased raw material costs.” EBITDA margin pre-exceptionals was 11.0 per cent, against 14.2 per cent a year earlier.

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Related news:

  1. Lanxess announces record results
  2. Low raw mats prices a Q3 drag for Lanxess
  3. Lanxess posts improved Q2 income
  4. Lanxess reports higher Q3 profits as second phase of realignment begins
11th August 2017/by admin

Lanxess presenting new tyre industry solutions at TTE

Product News

Next month the Lanxess Rhein Chemie Additives business unit will present a variety of solutions for tyre makers the Tire Technology Expo in Hannover, Germany. These solutions, which will be featured on the company’s stand (hall 2, stand 224), include the Rhenodiv range of eco-friendly tyre release agents, Rhenomark tyre marking paints, Rhenoshape tyre curing bladders and Rhenogran aramid fibre masterbatches.

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Related news:

  1. Lanxess presenting tyre manufacturing solutions at TTE
  2. Lanxess to share latest rubber research at Tire Technology Expo
  3. Lanxess Opens New Central & East Europe Headquarters
  4. Versalis, Genomatica win TTI Award for renewable butadiene JV
9th January 2017/by admin

Lanxess issues first hybrid bond

Company News

Specialty chemicals company Lanxess today successfully issued a hybrid bond with a volume of 500 million euros on the European capital market. The proceeds of the transaction are to be used for the financing of the planned acquisition of US-based chemical company Chemtura.

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Related news:

  1. Latin America, Asia Synthetic Rubber Demand Behind Lanxess Q2 Earnings Growth
  2. Lanxess progresses with HQ relocation plan
  3. April start at Lanxess for Heitmann replacement Zachert
  4. Six DJSI listings in a row for Lanxess
2nd December 2016/by admin

Lanxess to buy Chemtura

Company News

On 29 September Lanxess announced plans to acquire US-based Chemtura Corporation, one of the major global providers of flame retardant and lubricant additives.

Under the terms of the two parties’ agreement, Chemtura shareholders will receive US$33.50 per share in cash for each outstanding share of common stock held, which represents an 18.9 per cent premium to the stock’s closing share price of $28.18 on 23 September 2016. The 2.4 billion euro transaction will be financed by Lanxess mainly through senior and hybrid bonds and is expected to close around mid-2017.

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Related news:

  1. Lanxess Increases NBR Price
  2. Tyre industry remains a Lanxess focus
  3. Lanxess rubber chemical prices to rise
  4. Cabot buys Chinese nanotube supplier for $115 million
3rd October 2016/by admin

Six DJSI listings in a row for Lanxess

Company News

Specialty chemicals company Lanxess will be included in the Dow Jones Sustainability Index (DJSI) World for the sixth time in succession from 19 September. Commenting on the company’s continuation in the index, Board of Management member Hubert Fink said: “We are delighted by our renewed listing in the index and see this as confirmation of our commitment in the area of sustainability. Sustainable economic success is impossible today without a responsible approach to environment and society. The guiding principle of sustainable development is firmly anchored in the corporate strategy.”

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Related news:

  1. Lanxess to Expand Global Political Communication
  2. Lanxess announces record results
  3. Lanxess posts improved Q2 income
  4. Lanxess issues first hybrid bond
15th September 2016/by admin

Lanxess net income trebles in 2015

Company News

At this year’s Annual Stockholders’ Meeting, specialty chemicals company, the Board of Management at Lanxess AG proposed a dividend of €0.60 for the 2015 fiscal year. This is approximately 20 per cent higher than the dividend paid a year earlier and equals a total dividend payout of some €55 million.

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Related news:

  1. Lanxess posts improved Q2 income
  2. Lanxess reports higher Q3 profits as second phase of realignment begins
  3. Latin America, Asia Synthetic Rubber Demand Behind Lanxess Q2 Earnings Growth
  4. Arlanxeo – 1 April launch for Lanxess, Saudi Aramco synthetic rubber firm
20th May 2016/by admin

Lanxess raises earnings forecast on back of good Q1 2016 results

Company News

Following what it says was “a good first quarter,” specialty chemicals company Lanxess has raised its earnings forecast for fiscal 2016. The company now expects to achieve EBITDA pre-exceptionals between €900 million and €950 million, as opposed to previously assumed figure of €880 million to €930 million.

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Related news:

  1. Lanxess ‘Confident’ About 2010 Following Strong Q4
  2. Latin America, Asia Synthetic Rubber Demand Behind Lanxess Q2 Earnings Growth
  3. Lanxess announces record results
  4. Pirelli tops tyre sector in sustainability index for 7th year
12th May 2016/by admin

Arlanxeo – synthetic rubber JV’s Executive Board named

Career Tracks, Company News

The Executive Board for the new Arlanxeo synthetic rubber joint venture has been announced, with parent companies Lanxess and Saudi Aramco gaining equal representation on the four-person Board.

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Related news:

  1. Arlanxeo – 1 April launch for Lanxess, Saudi Aramco synthetic rubber firm
  2. Jorge Nogueira takes over as Arlanxeo’s CEO
  3. Saudi Aramco to become 100% owner of Arlanxeo
  4. Lanxess and Saudi Aramco create synthetic rubber joint venture
24th March 2016/by admin

Arlanxeo – 1 April launch for Lanxess, Saudi Aramco synthetic rubber firm

Company News, Premium

State-owned oil company Saudi Aramco and specialty chemicals company Lanxess report that all pertinent authorities have cleared the joint venture agreement signed by the two parties last September, and as a result their joint synthetic rubber company will come into being on 1 April 2016. The 50/50 joint venture will be known as Arlanxeo.

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Related news:

  1. Lanxess and Saudi Aramco create synthetic rubber joint venture
  2. Saudi Aramco to become 100% owner of Arlanxeo
  3. Arlanxeo – synthetic rubber JV’s Executive Board named
  4. Goodyear to pay Sumitomo US$271 million to end global joint venture
11th February 2016/by admin
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