LANXESS Aktiengesellschaft, a specialty chemicals company, develops, manufactures, and markets chemical intermediates, additives, specialty chemicals, and plastics worldwide. It operates through four segments: Advanced Intermediates, Specialty Additives, Consumer Protection, and Engineering Materials. The Advanced Intermediates segment provides advanced industrial intermediates, basic and fine chemicals, organometallics, and inorganic pigments for the agrochemical, automotive, construction, aromas and flavors, semiconductors and photovoltaic, and color pigments industries. The Specialty Additives segment offers additives, including lubricants, flame retardants, plasticizers, and bromine derivatives for various applications of rubber, plastic, paint, construction, and electrical industries. The Consumer Protection segment provides material protection products; disinfectant, hygiene, and preservative solutions; flavors and fragrances; and precursors and intermediates for the agrochemicals, pharmaceuticals, and specialty chemicals industries, as well as technologies for the treatment of water and other liquids. The Engineering Materials segment produces technical plastics, glass fibers, fiber composites, and elastomers on a urethane basis for application in the automotive and electrical/electronics, construction, and medicine industries, as well as sports and leisure sectors. The company was founded in 1863 and is headquartered in Cologne, Germany.

LANXESS Aktiengesellschaft

LANXESS is a specialty chemicals company that develops, manufactures, and markets chemical intermediates, additives, specialty chemicals, and plastics.

LANXESS

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LANXESS Water Treatment & Liquid Purification

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LANXESS Food & Beverage Solutions

Lanxess GmbH

LANXESS is a leading specialty chemicals company with sales of EUR 6.7 billion in 2023. The company currently has about 12,800 employees in 32 countries. The core business of LANXESS is the development, manufacturing and marketing of chemical intermediates, additives and consumer protection products. LANXESS is listed in the leading sustainability indices of the Dow Jones Sustainability Index (DJSI World and Europe).

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Imprint +++ https://imprint.lanxess.com

Standard Lithium

BioAmber

Gevo

Insects and ticks can transmit dangerous diseases. Effective insect repellents are therefore more necessary than ever, while at the same time being well tolerated.

Saltidin® shines with precisely these properties. There are already numerous formulations on the market that contain Saltidin®.

https://lnkd.in/g8P84iej

ISCC PLUS is a sustainability certification program for bio-based and circular (recycled) raw materials for all markets and sectors not regulated as transportation fuels under the European Renewable Energy Directive (EU RED) or Fuel Quality Directive (FQD), which are covered under the ISCC EU certification scheme. 

The aim of ISCC Plus is to offer a maximum of transparency for sustainability along the whole value chain. Under ISCC PLUS the following three raw material categories (arising at the beginning of the supply chain) can be certified: Bio, circular & renewable. 

In order to be designated "green", the sites' production facilities must obtain ISCC PLUS certification. This is already the case for all of the Flavors & Fragrances BU production sites in the Netherlands, Germany, India, Great Britain and the USA. This provides the basis for a green offer according to the mass balance procedure. 

Find more details here: https://lnkd.in/eFQkCzjN

We are proud to share that we are set to exceed market expectations and previous year's performance with our Q2 2024 EBITDA pre exceptionals. Our preliminary figure stands at EUR 181 million, surpassing the average market expectation of EUR 137 million by an impressive 32% and outpacing last year's Q2 figure by 69%.

This remarkable achievement is driven by increased utilization rates and the successful implementation of our cost-saving program. While we faced challenges in the agro chemicals and construction industries, we saw slight increases in sales volumes in other customer sectors.

Looking ahead, we remain confident in our full-year guidance, anticipating a growth of 10-20% in EBITDA pre exceptionals compared to last year. For Q3 2024, we expect to maintain or exceed our Q2 performance.

Stay tuned for our full Q2 results release on August 9, 2024. Thank you for your continued support and trust in LANXESS 💪

Silvadur™ is a silver ion polymer technology for treating textiles to prevent odors. The polymer coating is applied evenly over the entire fiber surface and provides long-lasting antibacterial protection. It is applied to the textile fibers during textile production, for example by exhaustion or spraying. The silver-polymer technology is evenly distributed over the garment and can withstand up to 40 washes at high temperatures. 

Find out more about the advantages here: https://lnkd.in/edRZ4pcN

Summer season means mosquito season. Using products containing the repellent active ingredient Saltidin® is an extremely effective way to protect yourself effectively against these pests. 

All further information: https://lnkd.in/g8P84iej

In the summer heat, hydration becomes even more important. Access to clean, pure water is essential for staying hydrated and healthy, especially during extreme heat. While water is crucial, enjoying refreshing drinks like juices, soft drinks, and even a chilled glass of wine can make summer more enjoyable. 

We offer several products designed to ensure the safety and quality of your beverages. Our solutions are used in the production of drinking water to flavored drinks, guaranteeing safety and in every sip.

SIX:LXS

LANXESS

Last Close

24.24

08/11 16:35

Market Cap

1.93B

Beta: 1.74

Volume Today

813.64K

Avg: -

PE Ratio

3.41

PFCF: 4.32

Dividend Yield

1.95%

Payout:7.36%

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