Edition:
India

LANXESS AG (LXSG.DE)

LXSG.DE on Xetra

54.66EUR
20 Sep 2019
Change (% chg)

€-1.08 (-1.94%)
Prev Close
€55.74
Open
€55.40
Day's High
€55.42
Day's Low
€54.56
Volume
687,582
Avg. Vol
363,143
52-wk High
€67.50
52-wk Low
€39.47

Latest Key Developments (Source: Significant Developments)

Lanxess Commissions Two Additional Production Lines For Composite Material Tepex
Monday, 16 Sep 2019 

Sept 16 (Reuters) - LANXESS AG ::LANXESS COMMISSIONS TWO ADDITIONAL PRODUCTION LINES FOR COMPOSITE MATERIAL TEPEX.BOND-LAMINATES SUBSIDIARY EXPANDS CAPACITY AT BRILON SITE BY 50 PERCENT.  Full Article

Bayer AG Bayer And Lanxess To Sell Their Stakes In Currenta
Wednesday, 7 Aug 2019 

Aug 6 (Reuters) - Bayer Ag ::BAYER AND LANXESS TO SELL THEIR STAKES IN CURRENTA TO MACQUARIE INFRASTRUCTURE AND REAL ASSETS.BAYER'S 60 PERCENT STAKE IN CURRENTA HAS AN EQUITY VALUE OF APPROXIMATELY EUR 1.17 BILLION.BAYER- CURRENTA IS VALUED WITH A TOTAL ENTERPRISE VALUE OF EUR 3.5 BILLION BEFORE DEDUCTION OF NET DEBT AND PENSION OBLIGATIONS.IN ORDER TO STRENGTHEN CURRENTA GROUP, BAYER IS SELLING TO IT AN EXTENSIVE PACKAGE OF REAL ESTATE AND INFRASTRUCTURE FOR EUR 180 MILLION.LANXESS IS ENTITLED TO A PROFIT PARTICIPATION UNTIL COMPLETION OF TRANSACTION.  Full Article

Lanxess To Sell 40% Stake In Chemical Park Operator Currenta
Wednesday, 7 Aug 2019 

Aug 6 (Reuters) - LANXESS AG ::DGAP-ADHOC: LANXESS AKTIENGESELLSCHAFT: LANXESS TO SELL 40% STAKE IN CHEMICAL PARK OPERATOR CURRENTA.EQUITY VALUE OF LANXESS' 40% STAKE IN CURRENTA IS ABOUT EUR 780 MILLION PRE TAX.LANXESS- REACHED AGREEMENT WITH MIRA ON SERVICE AND SUPPLY CONTRACTS FOR THREE SITES IN LEVERKUSEN, DORMAGEN AND KREFELD-UERDINGEN.SALE OF 40% STAKE OF CURRENTA WILL GIVE LANXESS ADDITIONAL FINANCIAL LEEWAY.  Full Article

Lanxess CEO Says Automotive Could Be Tough Business In Q3 And Q4, Potentially In 2020
Friday, 2 Aug 2019 

Aug 2 (Reuters) - LANXESS AG ::CEO SAYS FURTHER EFFICIENCY MEASURES PLANNED AT LEATHER, ORGANOMETALLICS BUSINESSES; MEASURES WILL CONTINUE OR MAY BE ACCELERATED.CEO SAYS AUTOMOTIVE SECTOR WAS A DISASTER IN Q2.CEO SAYS AUTOMOTIVE COULD BE TOUGH BUSINESS IN Q3 AND Q4, POTENTIALLY IN 2020.  Full Article

Lanxess Hikes Benzyl Alcohol Capacity By 30 Pct In Germany
Monday, 18 Mar 2019 

March 18 (Reuters) - LANXESS AG ::LANXESS SIGNIFICANTLY EXPANDS BENZYL ALCOHOL CAPACITY.EXPANSION BY 30 PERCENT AT GERMAN SITE IN KREFELD-UERDINGEN.TWO-STAGE EXPANSION OF THE PLANT AT THE GERMAN SITE IN KREFELD-UERDINGEN IS SCHEDULED FOR COMPLETION BY THE END OF 2019.LOW DOUBLE-DIGIT MILLION EURO SUM WILL BE SPENT ON THE CONVERSION MEASURES.  Full Article

Lanxess Invests In Production For Ion Exchange Resins In Germany
Wednesday, 13 Mar 2019 

March 13 (Reuters) - LANXESS AG ::INVESTMENT OF SEVEN-FIGURE EUR AMOUNT.PROJECT TO BE COMPLETED IN THE FIRST HALF OF 2019.INVESTS IN PRODUCTION FOR ION EXCHANGE RESINS IN LEVERKUSEN, GERMANY.  Full Article

Lanxess Decides On Share Buy-Back
Thursday, 10 Jan 2019 

Jan 10 (Reuters) - LANXESS AG ::TO ACQUIRE OWN SHARES OF UP TO EUR 200 MILLION (EXCLUDING INCIDENTAL COSTS) VIA STOCK EXCHANGE.ON BASIS OF CURRENT SHARE PRICE (STATUS: 9 JANUARY 2019), THIS WOULD AMOUNT TO AROUND 4.9 % OF SHARE CAPITAL AND WOULD CORRESPOND TO A NUMBER OF APPROXIMATELY 4.5 MILLION OWN SHARES.SHARE BUY-BACK WILL START ON 14 JANUARY 2019 AT EARLIEST AND SHALL BE COMPLETED AT LATEST ON 31 DECEMBER 2019.SHARES UP 2.4 PCT AFTER ANNOUNCEMENT OF SHARE BUYBACK.  Full Article

Lanxess Invests In Production For Ion Exchange Resins In Leverkusen
Monday, 12 Nov 2018 

Nov 12 (Reuters) - LANXESS AG ::INVESTS IN PRODUCTION FOR ION EXCHANGE RESINS IN LEVERKUSEN, GERMANY.INVESTMENT OF SEVEN-FIGURE EUR AMOUNT.PROJECT TO BE COMPLETED IN FIRST HALF OF 2019.  Full Article

Lanxess Increases Production Volume Of Micronized Iron Oxide Red Pigments
Monday, 29 Oct 2018 

Oct 29 (Reuters) - LANXESS AG ::INCREASES PRODUCTION VOLUME OF MICRONIZED IRON OXIDE RED PIGMENTS.  Full Article

Lanxess Adjusts Prices For Water Treatment Products
Tuesday, 25 Sep 2018 

Sept 25 (Reuters) - LANXESS AG ::LANXESS ADJUSTS PRICES FOR PRODUCTS FOR THE TREATMENT OF WATER AND LIQUID MEDIA.  Full Article

Photo

Lanxess, Bayer sell chemical park operator to Macquarie for $3.9 billion

FRANKFURT German chemical groups Bayer and Lanxess have agreed to sell integrated chemical site operator Currenta to Macquarie Infrastructure and Real Assets (MIRA) for an enterprise value of 3.5 billion euros ($3.9 billion).