U.S. markets closed

LANXESS Aktiengesellschaft (LXS.DE)

XETRA - XETRA Delayed Price. Currency in EUR
Add to watchlist
47.50-2.00 (-4.04%)
At close: 5:35PM CEST

LANXESS Aktiengesellschaft

Kennedyplatz 1
Cologne 50569
Germany
49 221 8885 0
http://lanxess.com

Sector(s)Basic Materials
IndustrySpecialty Chemicals
Full Time Employees14,327

Key Executives

NameTitlePayExercisedYear Born
Mr. Matthias ZachertCEO & Chairman of Management3.84MN/A1967
Mr. Michael PontzenCFO & Member of the Board of Management1.47MN/A1969
Dr. Hubert FinkMember of the Board of Management1.46MN/A1962
Dr. Anno BorkowskyHead of Rhein Chemie Additives Bus. Unit & Member of the Board of Management877.49kN/A1959
Dr. Stephanie CoßmannLabor Relations Director & Member of the Board of ManagementN/AN/A1973
Amounts are as of December 31, 2019 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 EUR.

Description

LANXESS Aktiengesellschaft, a specialty chemicals company, develops, manufactures, and markets chemical intermediates, specialty chemicals, and plastics worldwide. It operates in four segments: Advanced Intermediates, Specialty Additives, Performance Chemicals, and Engineering Materials. The Advanced Intermediates segment provides high-grade intermediates for the agrochemical and coating industries; fine chemicals as precursors and intermediates for the pharmaceutical, agrochemical, and specialty chemical industries; customer-specific specialties; organometallics; and rubber chemicals. The Specialty Additives segment offers additives, including lubricants, flame retardants, plasticizers, and bromine derivatives for various applications for rubber, plastic, and paint industries. The Performance Chemicals segment provides material protection products; and inorganic pigments for the coloring of concrete, and emulsion paint and other coatings. It also offers reverse osmosis membranes and ion exchange resins for water treatment, as well as disinfectant and hygiene solutions. 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, and construction and medicine industries, as well as sports and leisure sectors. The company was founded in 1863 and is headquartered in Cologne, Germany.

Corporate Governance

LANXESS Aktiengesellschaft’s ISS Governance QualityScore as of December 8, 2019 is 3. The pillar scores are Audit: 1; Board: 4; Shareholder Rights: 1; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.