News
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PRESS RELEASE
EQS-Adhoc: LANXESS Aktiengesellschaft: LANXESS signs contract to sell Urethane Systems business to UBE Corporation
LANXESS signs contract to sell Urethane Systems business to UBE Corporation for €460m, using proceeds to reduce net financial debt. Transaction subject to regulatory approval, expected to close in H1 2025 -
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PRESS RELEASE
EQS-Adhoc: LANXESS Aktiengesellschaft: Impairment of goodwill and adjustment of at-equity book value of minority interest in Envalior
LANXESS announced impairment of goodwill and adjustment of at-equity book value in Envalior for 2023. The impairment is due to weaker demand in Flavors & Fragrances and Polymer Additives units -
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