LANXESS brings forward new rubber facility project in Singapore
The world’s leading synthetic rubber company LANXESS has brought forward its plans to build a new butyl rubber facility in Singapore. The company will hold a groundbreaking ceremony in May, 2010, and production is expected to start in the first quarter of 2013. The 100,000 tons per annum plant on Jurong Island will require an investment of up to EUR 400 million (575 million USD).
2009-11-12 | Press Releases, Financial & Business, Company News
LANXESS Q3 earnings exceed forecast
Q3 sales EUR 1.37 billion, up 11 % vs. Q2 / Q3 EBITDA pre exceptionals EUR 143 million, up 28 % vs. Q2 / Q3 net income positive at EUR 23 million / Chinese economy driving recovery / “Challenge09-12” generating savings earlier than planned / Outlook: FY EBITDA pre exceptionals EUR 400 to 420 million
2009-10-02 | Press Releases, Financial & Business, Trade & Technical Press, Company News
LANXESS welcomes EU deal in favor of environmentally friendly tires
Specialty chemicals group LANXESS AG welcomes the compromise reached between the European Commission, Council of the European Union and the European Parliament on Thursday (October 1, 2009) to introduce rules, which will mean car tires must have in the future a label clearly stating their fuel efficiency.
400 guests at the first World Rubber Day
Specialty chemicals group LANXESS stages scientific colloquium in honor of Fritz Hofmann, who invented synthetic rubber 100 years ago / 400 guests from 18 nations attend the anniversary celebrations in Cologne / Technical papers and discussions with renowned speakers from the worlds of politics, business, and science
LANXESS kicks off new R&D collaboration for rubber
Focus on innovative technology for energy-efficient and environmentally-friendly production of rubber / Project team includes LANXESS, Bayer Technology Services, Technical University Dortmund, University Bonn, Buss-SMS-Canzler / German government gives financial backing / Elements of new technology to be used in large-scale project in Singapore