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LANXESS AG (LXSG.DE)

LXSG.DE on Xetra

61.32EUR
12:22pm BST
Change (% chg)

€0.36 (+0.59%)
Prev Close
€60.96
Open
€60.70
Day's High
€61.42
Day's Low
€60.68
Volume
73,739
Avg. Vol
343,263
52-wk High
€74.78
52-wk Low
€60.18

Latest Key Developments (Source: Significant Developments)

Lanxess: Chairman Of Supervisory Board To Resign On May 15
Tuesday, 13 Mar 2018 

March 13 (Reuters) - LANXESS AG ::CHAIRMAN ROLF STOMBERG WILL RESIGN AFTER THE END OF THE ANNUAL STOCKHOLDERS’ MEETING ON MAY 15, 2018.PAMELA KNAPP IS EXPECTED TO BE PROMOTED TO THE SUPERVISORY BOARD.STOMBERG RECOMMENDS DR. MATTHIAS L. WOLFGRUBER TO SUCCEED HIM FOR THE POSITION OF CHAIRMAN OF THE SUPERVISORY BOARD.  Full Article

German Chemical Industry Expects 2018 Revenue Gain of 4.5 Pct
Wednesday, 7 Mar 2018 

March 7 (Reuters) - German chemical industry association VCI: :GERMAN CHEMICAL INDUSTRY ASSC VCI EXPECTS 2018 REVENUES UP 4.5 PERCENT VERSUS 3.0 PERCENT SEEN PREVIOUSLY.VCI STILL SEES 2018 DOMESTIC PRODUCER PRICES UP 1.0 PERCENT.VCI SAYS CHEMICAL BUSINESSES IN GERMANY ARE CURRENTLY VERY SATISFIED WITH BUSINESS CONDITIONS.VCI SEES 2018 OUTPUT VOLUME UP 3.5 PERCENT, VERSUS 2.0 PERCENT SEEN PREVIOUSLY.VCI SAYS 2017 REVENUES ROSE 6.0 PERCENT, 2017 OUTPUT VOLUME UP 3.8 PERCENT, DOMESTIC PRODUCER PRICES UP 3.2 PERCENT.  Full Article

Lanxess Expands Capacity For Macrolex Dyes At Its Leverkusen Site
Thursday, 22 Feb 2018 

Feb 22 (Reuters) - LANXESS AG ::LANXESS EXPANDS CAPACITY FOR MACROLEX DYES AT ITS LEVERKUSEN SITE.INVESTMENT VOLUME OF MORE THAN FIVE MILLION EUROS, CURRENT PRODUCTION CAPACITY IS TO BE INCREASED BY 25 PERCENT.  Full Article

Lanxess Increases Prices For Macrolex And Ceres Solvent Dyes
Tuesday, 2 Jan 2018 

Jan 2 (Reuters) - LANXESS AG ::LANXESS INCREASES PRICES FOR MACROLEX AND CERES SOLVENT DYES.INCREASES THE PRICES BY UP TO 20 PERCENT WITH IMMEDIATE EFFECT FOR SELECTED PRODUCTS OF SOLVENT DYES PORTFOLIO ‍​.MEASURE IS NECESSARY DUE TO THE CURRENT MARKET SITUATION, SIGNIFICANTLY HIGHER RAW MATERIAL COSTS ‍​.  Full Article

Lanxess Raises Prices For Sodium Dichromate By Up To 20 Pct
Monday, 18 Dec 2017 

Dec 18 (Reuters) - LANXESS AG ::GLOBALLY RAISES PRICES FOR SODIUM DICHROMATE BY UP TO 20 PERCENT WITH IMMEDIATE EFFECT.  Full Article

Lanxess tweaks structure after Chemtura acquisition
Friday, 30 Jun 2017 

June 30 (Reuters) - Lanxess AG :Says has revised its organizational structure.Says business lines rubber additives business and colorant additives business now both belong to rhein chemie business unit.  Full Article

Lanxess streamlines chrome value chain of leather business
Wednesday, 21 Jun 2017 

June 21 (Reuters) - Lanxess Ag :To streamline the chrome value chain of its leather business.In this context the company will discontinue production at the zárate site in argentina in the fourth quarter of 2017.The site closure in zárate, argentina, will affect 170 employees.Sees positive ebitda effect of around eur 10 million annuallyfrom end 2018 , as well as approximately eur 60 million in one-time-costs in 2017.  Full Article

Lanxess invests again in High-Tech Gruenderfonds
Wednesday, 31 May 2017 

May 31 (Reuters) - LANXESS AG ::INVESTS AGAIN IN HIGH-TECH GRUENDERFONDS WITH A SINGLE-DIGIT MILLION EURO AMOUNT‍​.HIGH-TECH GRUENDERFONDS (HTGF) III WILL START ON MAY 31, 2017 WITH A VOLUME OF 245 MILLION EUROS IN THE FIRST CLOSING.  Full Article

Lanxess invests in its production site in Lillo/Antwerp
Tuesday, 25 Apr 2017 

April 25 (Reuters) - Lanxess AG ::Invests in its production site in Lillo/Antwerp.Efficiency investments of roughly 25 million euros ($27.21 million) in plastics production chain in 2017.  Full Article

Laness says capacities for iron oxide pigments to be increased by around 25,000 metric tons by 2019
Tuesday, 11 Apr 2017 

Lanxess Ag : capacities for iron oxide pigments to be increased by around 25,000 metric tons by 2019 . is also expanding capacities for yellow pigments by another 2,000 tons per year at its site in Porto Feliz, Brazil . by taking these measures, will be increasing its global production capacities from 375,000 to 400,000 tons of iron oxide pigments by 2019. Source http://bit.ly/2oVw5xI ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

German stocks - Factors to watch on March 22

FRANKFURT, March 22 The following are some of the factors that may move German stocks on Thursday: