lanxess ag (LXS) Snapshot

lanxess ag (LXS) Details

LANXESS Aktiengesellschaft engages in the development, manufacture, and sale of plastics, rubber, specialty chemicals, and intermediates worldwide. The company 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; and synthetic rubbers, including polybutadiene rubber, solution styrene-butadiene rubber, emulsion styrene-butadiene rubber, and neodymium based performance butadiene rubber for use in the manufacture of fuel-efficient tires, as well as in shoes, yogurt pots, and golf balls. This segment also provides technical rubber products; and Durethan and Pocan plastics used primarily for lightweight construction solutions in automotive engineering, as well as for the electronics industry. The Advanced Intermediates segment produces basic and fine chemicals. This segment offers intermediates for the agrochemical and coating industries; and fine chemicals as precursors and intermediates for pharmaceuticals, agrochemicals, and specialty chemicals. The Performance Chemicals segment material protection products, inorganic pigments, functional chemicals, leather, rubber chemicals, and ion exchange resins. Its products include preservatives and biocidal active ingredients; iron oxide and chrome oxide pigments; and plastics additives, phosphorus-based and specialty chemicals, and organic and inorganic colorants. This segment also provides products for leather manufacturing; chemical specialties for the rubber, plastics, and lubricant industries; and ion exchange resins for water treatment. LANXESS Aktiengesellschaft has a strategic partnership with BioAmber Inc. The company was founded in 1863 and is headquartered in Leverkusen, Germany.

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