Tag: Lanxess
Chemical Companies Covestro, BASF, and Lanxess: Market Outlook and Impact of China’s Economy
Recent news from China could benefit chemical companies like BASF, Lanxess, and Covestro, which are heavily involved there and would naturally benefit from a global economic recovery. Growth in Q3 was slightly above market...
Lanxess sells Urethane Systems to Japanese UBE Corporation
The chemical company Lanxess, led by CEO Matthias Zachert (56), is selling its business related to customized plastics and resins for around half a billion euros to the Japanese UBE Corporation. With this sale,...
Lanxess Implements Cost-Saving Measures for Improved Financial Results
During normal economic times, the capacity utilization of plants in the chemical industry typically ranges between 78 and 82 percent. "Anything below that indicates that the industry is still in a slump," said Lanxess...
BREAKING NEWS
Testing China’s Self-Driving Ambitions with Robotaxis in Wuhan
Testing China's Self-Driving Ambitions with Robotaxis in WuhanIn the bustling city of Wuhan, central China, a unique sight unfolds during rush hour at a...
