LANXESS Overview
Company Headquarters: Cologne, Germany
Founded: 2004
Workforce: ~ 14,000
Company Working: LANXESS is a specialty chemicals company that is engaged in the development, manufacturing, and marketing of various products. The company has four business segments Advanced Industrial Intermediates, Specialty Additives, and Consumer Protection, along with 10 business units, and works with a broad range of applications and markets. The application of those company is working are in agrochemicals, flavors and fragrances, pharmaceuticals, automotive, construction, and various others. The company has a presence in North America, Germany, Asia-Pacific, Latin America, and EMEA. Advanced Intermediates' business segment manufactures industrial intermediates such as amines, polyols, inorganics, benzene and toluene derivatives, and organometallics. The specialty Additives business segment has consisted of rhein Chemie, polymer additives, and lubricant additives business units, all these three units develop, produce, and market the additives and offer services for processors of polymers and specialty chemical products. And the last consumer protection business segment protects the environment and people in many areas of life, the business unit that this segment covers are flavors & fragrances, material protection products, liquid purification technologies, and salting.
The company has more than 7,500 product brands registered globally and over 200 company corporate brands. A few of the brands that the company owns are Additin, Anderol, K-Flex, Lobase, Hatcol, Hybase, Oxone, Reolube, Virkon, and many more. Furthermore, Hydrofluoric acids are used in various industries such as agriculture, ceramic, chemical and petrochemical, dyestuff, pigments, optical brighteners, glass, metal, petrochemical, pharmaceutical, and water resource management.
Strategy
LANXESS sees the goal of progressive human resources management as actively influencing the future and mastering issues like escalating complexity, digitization, and perpetual change. The cornerstones of the company's performance culture are the formula and the company's values. The company's objective is to provide significant contributions to its customers, employees, stockholders, and the public while also sustainably increasing its value. The organization must match its internal actions with the five core principles of its performance culture—respect, ownership, trust, professionalism, and integrity—in order to meet these objectives. This results in a business culture where acting responsibly and morally flawlessly and pursuing performance do not conflict but rather harmoniously enhance one another.
