The Japanese subsidiary of German specialty chemicals manufacturer Lanxess recently announced its 2024 business results and outlook for 2025. For fiscal 2024 results, profitability improved significantly due to higher factory utilization rates and cost reduction measures. Global net sales were down 5.0% year-on-year at 6.37 billion euro ($7.26 billion) due to lower selling prices on lower raw material and energy...
Lanxess has announced the launch of a new anti-aging agent, Vulcanox HS Scope Blue, which contributes to improved tire durability. The product is a highly sustainable addition to the proven Vulcanox HS (TMQ) line of anti-aging agents, which effectively protects tires against oxidative and thermal degradation, and is characterized by low volatility and elution resistance. The use of renewable energy...
Lanxess signed an agreement to sell its Urethane Systems business to Ube. The value of the business is equivalent to 460 million euros ($503.3 million), and the sale price is expected to be approximately 500 million euros. With this transaction, Lanxess will exit its last polymer business. The Urethane Systems business has five manufacturing sites worldwide and laboratories for application...
Lanxess presented its Rhenodiv and Rhenocure DR/S rubber additives for sustainable tire production at the Tire Technology Expo 2024 in Hannover, Germany. Rhenodiv is a clean and efficient mold release agent. By immersing rubber sheets in batch-off liquid during rubber production, it prevents sheets from sticking to each other even when folded and stored. Rhenodiv BO-3300 Pearls is a state-of-the-art...
Lanxess has expanded its line of ion exchange resins for the effective removal of perfluoroalkyl compounds and polyfluoroalkyl compounds (PFAS) from contaminated water by adding the anion exchange resin Lewatit Monoplus TP109 to its product lineup. In line with this announcement, Lanxess Japan held a press conference in November to explain the advantages of Lewatit ion exchange resins to the...
Lanxess has in July opened the Kawasaki Technical Center at the Kawasaki Science Park in Kanagawa Prefecture. The center has been established to provide high quality technical services to customers in Japan. It is equipped with advanced testing capabilities and can serve a wide range of industries, from personal care products to industrial applications, by offering comprehensive microbiological testing. Lanxess,...
