Lanxess

Price hike for PA and PBT compounds

South American market contracts between 2013 and 2015 / Growth expected again in lead-up to 2020 / Brazil is largest producer / Study by IAL Consultants

Fire at Momentive facility / No injuries or toxic emissions reported

Earnings momentum continues in Q3 / Better margins in all segments / Guidance raised

Price hike for chloroprene rubber

Acquisition of “Converge” CO2-to-polyols technology from Novomer / Part of “Saudi Vision 2030” diversification and job creation drive / More sustainability

Definite agreement to acquire US flame retardants producer Chemtura / Latest step in path to becoming “new Lanxess” / EUR 2.4 bn deal to close by mid-2017

HNBR elastomers for low temperature applications developed / Two grades to be introduced at “K 2016”

Earnings forecast for 2016 nudged upward / Focus on high performance plastics pays off

Range of hydrolysis stabilisers is extended / Ease in processing without preheating

Colorant microgranules to be demonstrated at “K 2016” / Improved performance allied with safety in handling

Phthalic anhydride capacity expansion in Germany

PA and PBT product portfolios extended / Processing times and energy consumption reduced

Headquarters opened in Maastricht / Management team is established

Leverkusen flame retardant storage facility is expanded

Strong performance in Q1 2016 / Full-year guidance lifted again / Focus on high performance plastics paying off

PA 6 introduced for thermal management of LEDs and electrical devices / Improved thermal conductivity, light reflection and flame retardance

Lanxess and Saudi Aramco synthetic rubber jv officially launched

Business “successful in every respect” last year, CEO says / Less cyclical speciality chemicals firm by 2020 / Portfolio extension in High Performance Materials?

High flowability and chemical resistance from PA 6.6 with 60% glass fibre content / Opportunities for lightweight design and metal substitution

Rubber jv with Aramco wins all approvals / New company called Arlanxeo starts on 1 April

Chinese compounder building production unit in Germany / First plant in Europe to be located in Wiesbaden

Planning “significant investments” in UK subsidiary / Albis (UK) celebrates 50th anniversary

PBT/PA compounding capacity expansion in US brought on stream / Output doubled / Meeting rising demand from the automotive industry

Despite overcapacities, plans to lift output in Asia / Global consumption stands at 4m t/y / Decline in optical data storage devices pressures sector / Market unsettled by BPA controversy / Opportunities for lighting technology and automotive applications