Specialty chemicals company LANXESS announced that it has completed the sale of its Urethane Systems business to Japanese UBE Corp. The sale was completed on April 1, 2025. UBE is a global manufacturer of chemical products and listed at the Tokyo Stock Exchange. LANXESS reports that all relevant antitrust authorities had granted the necessary approvals […]
Specialty chemicals company LANXESS inaugurated its India Application Development Center (IADC) in Thane, Mumbai. The new center strengthens LANXESS’ innovation and customer service capabilities. “India is a critical growth region for LANXESS, offering immense opportunities for collaboration and innovation,” Matthias Zachert, chairman of the Board of Management of LANXESS AG, said at the inauguration ceremony. […]
Specialty chemicals company LANXESS recently signed a contract to sell its Urethane Systems business to Japanese UBE Corp. The enterprise value amounts to €460 million with expected proceeds of around €500 million. With this transaction LANXESS exits the last remaining polymer business. The transaction remains subject to the approval of the relevant authorities. LANXESS expects […]
LANXESS Corp.’s Polymer Additives business unit recently received a 2024 Supplier of the Year award from Avient Corp., a leader in specialized and sustainable material solutions. The award recognized LANXESS for its commitment to high-quality, innovative products and industry-leading sustainability achievements and targets. For over a decade, LANXESS has supplied Avient with Mesamoll, a crucial […]
LANXESS Co’s. Material Protection Products (MPP) business unit has expanded partnerships with Lintech International, Omya Specialty Minerals, and DKSH for increased distribution of industrial preservatives in North America. The agreements increase the distributors’ portfolios into the Coatings, Adhesives, Sealants, and Elastomer (CASE) markets. This partnership is in addition to LANXESS’ acquisition of IFF’s microbial control […]
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