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Lanxess AG (LNXSF)

-Other OTC
50.83 Down 0.04(0.07%) Oct 24, 12:29PM EDT
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Lanxess AG
Kennedyplatz 1
Cologne, 50569
Germany - Map
Phone: 49 221 8885 0

Index Membership:N/A
Full Time Employees:16,886

Business Summary 

LANXESS Aktiengesellschaft develops, manufactures, and markets plastics, rubber, intermediates, and specialty chemicals worldwide. It operates in three segments: Performance Polymers, Advanced Intermediates, and Performance Chemicals. The Performance Polymers segment offers butyl and halobutyl rubber products for the tire and rubber industries; versatile polybutadiene rubber, solution styrene-butadiene rubber, and neodymium polybutadiene butadiene rubber for use in the manufacture of tires, as well as in plastics, golf balls, shoe soles, and conveyor and transmission belts. This segment also provides Durethan and Pocan plastics for use in automotive, electrical/electronics, and construction, as well as in medicine, sports and recreation applications; and glass fiber assortments, ammonium sulfate, and plastic composite sheets, as well as technical rubber products and ethylene-propylene elastomers. The Advanced Intermediates segment produces basic and fine chemicals. It offers intermediates for the agrochemical and coating industries; and fine chemicals as precursors and intermediates for pharmaceuticals, agrochemicals, and specialty chemicals, as well as custom manufacturing services. The Performance Chemicals segment offers material protection products; inorganic pigments for the coloring of concrete, emulsion paints, and other coatings; finishing agents for the leather industry; rubber chemicals; reverse osmosis membrane elements and ion exchange resins for water treatment; and plastics additives, phosphorus-based and specialty chemicals, and organic and inorganic colorants, as well as additives, specialty chemicals, and service products for the rubber, lubricant, and plastics industries. The company was founded in 1863 and is headquartered in Cologne, Germany.

Key Statistics

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Key Executives 
Dr. Bernhard D , 55
Chief Financial Officer and Member of the Board of Management
Mr. Rainier van Roessel , 57
Industrial Relations Director and Member of Board of Management
Mr. Matthias Zachert , 47
Chairman of The Board of Management
Mr. Oliver Stratmann ,
Head of Investor Relations
Dr. Markus Eckert ,
Head of Corp. Devel. and Head of Leather Chemicals Bus.
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.