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17.64000 EUR
0.54
2.97%
Last update Apr 30, 9:15 AM CEST
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Day range
17.64000
17.72000
Previous close
18.18000
Open
17.72000
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Lanxess AG
17.64
0.54
2.97%

Overview

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Description

Lanxess AG is a leading German specialty chemicals company headquartered in Cologne, operating globally with approximately 11,800 employees across 32 countries. Its core business focuses on the development, manufacturing, and marketing of chemical intermediates, additives, specialty chemicals, and consumer protection products, generating annual sales of around EUR 6.4 billion. The company structures its operations into three key segments: Consumer Protection, which delivers material protection products, disinfectants, hygiene solutions, flavors, fragrances, and water purification technologies for agrochemicals, pharmaceuticals, and related industries; Specialty Additives, providing lubricants, flame retardants, plasticizers, and bromine derivatives for rubber, plastics, paints, electronics, and construction applications; and Advanced Intermediates, supplying basic and fine chemicals, organometallics, and inorganic pigments for construction materials, coatings, automotive, semiconductors, and color pigments sectors. Founded in 2004 as a spin-off from Bayer AG with roots tracing back to 1863, Lanxess AG emphasizes sustainability, aiming for carbon neutrality by 2040, and holds listings in indices like MDAX and Dow Jones Sustainability Index, underscoring its role in advancing industrial chemistry through innovation and efficiency.

About

CEO
Ms. Frederique van Baarle
Employees
11709
Address
Kennedyplatz 1
11 Bermudiana Road
Cologne, 50569, MI
Germany
Phone
49 221 8885 0
Website
Instrument type
Common stock
Sector
Basic Materials
Industry
Specialty Chemicals
Country
Germany
MIC code
XMUN
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