Lanxess AG. Stock Analysis LXS.DE

Lanxess AG is a specialty chemicals company, which engages in the development, manufacture, and marketing of chemical intermediates, additives, and consumer protection products. The company is headquartered in Cologne, Nordrhein-Westfalen and currently employs 11,709 full-time employees. The company went IPO on 2007-11-02. The Comapny specializes in the development, manufacturing and marketing of chemical intermediates, additives, specialty chemicals, plastics, and consumer protection products. Its business activities are divided into following segments: Specialty Additives, Advanced Industrial Intermediates and Consumer Protection and All other segments. Specialty Additives, responsible for manufacture of additives for the rubber and paint industries; Advanced Industrial Intermediates, focused on the development of intermediates for the agricultural, plastics, chemicals, consumer goods, construction, tire and automotive industries; Consumer Protection, offers material protection products, inorganic pigments, finishing agents for the leather industry and resins for water treatment, among others, and Engineering Materials, which produces technical plastics, glass fibers, automotive applications, electronics and electrical industries.