General | 05 August 2023
LANXESS lowers costs and increases efficiency
“FORWARD!” action plan: Annual savings of around EUR 150 million from 2025 onward and more efficient positioning
“FORWARD!” action plan: Annual savings of around EUR 150 million from 2025 onward and more efficient positioning
In the first half of 2023, revenue decreased by 1% to EUR 2,287.2 million, compared with the same period of 2022
Michael Pontzen has asked LANXESS Supervisory Board to early terminate his contract
Maheshwari to assume broad responsibilities for leading business across a diverse set of geographies spanning the globe
The project was implemented across major districts such as Ajmer (Rajasthan), Vijayapura (Karnataka), and Vidisha (Madhya Pradesh),
As part of the partnership, Terphane signed a multi-year capacity reservation agreement to purchase the advanced bio-polymer PEF for use in film applications, including food and beverage packaging and high-value industrial applications
Company delivered total revenue of EUR 2.1bn, representing growth of 6.1% compared to H1 2022
This expanded production is scheduled to start in July 2024.
Q1 FY 24 EBIDTA and PBT were adversely impacted by retrospective subsidy adjustment
The company has reported total income of Rs. 126.63 crores during the period ended June 30, 2023
The company has reported total income of Rs. 2174 crores during the period ended June 30, 2023
The company has reported total income of Rs. 414.83 crores during the period ended June 30, 2023
The company has reported total income of Rs. 201.54 crores during the period ended June 30, 2023
Zhero Europe will advance the development of its project portfolio, leveraging the world class expertise of its new investors
The business has an annual revenue of approximately €100 million and employs around 300 people
The chemical industry faced difficulties due to China's opening up and destocking of inventory across the globe
The consortium is developing an industrial scale floating green hydrogen and ammonia project, based on the proven concept of a floating production and offloading vessel (FPSO)
The deal was announced in February
Through this joint pilot testing initiative, the three companies aim to establish technologies and operational infrastructure for the horizontal recycling of flexible packaging materials, as well as leverage network growth in the flexible packaging materials industry to advance and expand the horizontal recycling of flexible packaging film.
These new products are suitable alternatives to fluorosurfactants for diverse applications, including displays, semiconductors, automobiles and coatings
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