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Lanxess AG LNXSF

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Morningstar’s Analysis

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5-Star Price

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Economic Moat

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Company Profile

Business Description

Lanxess is a German chemical company that was originally spun out of Bayer. Lanxess has visibly decommoditized its portfolio in recent years by divesting its synthetic rubber business and is moving toward becoming a specialty chemicals company in the fields of consumer protection chemicals, specialty additives, intermediates, and engineering plastics.

Contact
Kennedyplatz 1
Cologne, 50569, Germany
T +49 22188850
Sector Basic Materials
Industry Specialty Chemicals
Most Recent Earnings Sep 30, 2021
Fiscal Year End Dec 31, 2021
Stock Type
Employees 14,866