Tag: Matthew Zachert
Chemical stocks like BASF and Covestro are attractive to investors now
Research at BASF Lower energy and raw material prices improved the situation in the German chemical industry in the first quarter. (Photo: obs) Cologne The chemical industry is of great…
Chemicals checks off first half of the year and relies fully on China
Lanxess production in Bitterfeld in East Germany: The group manufactures ion exchangers for water treatment there. (Photo: Lanxess) Dusseldorf After a weak start to the year, there are no signs…
Why Biden is so much more successful with his industrial policy than the Europeans
Bidenomics The Biden program is putting pressure on other economic powerhouses. Joe Biden’s strategy is working: A few months after billion-dollar subsidy programs were approved, massive investments are flowing into…
Investors are demanding a new CEO from outside
Werner Bauman The Bayer boss will vacate his post by April 2024 at the latest. (Photo: imago images/sepp spiegl) Dusseldorf, Frankfurt The entry of several activist investors into Bayer continues…
Investors are demanding a new CEO from outside
Werner Bauman The Bayer boss will vacate his post by April 2024 at the latest. (Photo: imago images/sepp spiegl) Dusseldorf, Frankfurt The entry of several activist investors into Bayer continues…
Lanxess restricts investments in Germany and China – USA benefits
Matthew Zachert Internally, Lanxess is preparing for a recession in the coming year. (Photo: IMAGO/sepp spiegl) Dusseldorf The chemical company Lanxess will initially not invest any more money in the…
The world is being redistributed – and we continue to weaken our industry ourselves
Dusseldorf Germany is an industrial country. Still. Because our strong industrial base, a foundation of our country’s prosperity and a pillar of the economy throughout Europe, is under threat. Deindustrialization…
Evonik & Co. see themselves prepared for a lack of gas
BASF Verbund site in Ludwigshafen The huge complex is the largest industrial gas consumer in Germany. (Photo: obs) Dusseldorf Despite the uncertain economy, confidence is growing among German chemical companies…
Evonik & Co. see themselves prepared for a lack of gas
BASF Verbund site in Ludwigshafen The huge complex is the largest industrial gas consumer in Germany. (Photo: obs) Dusseldorf Despite the uncertain economy, confidence is growing among German chemical companies…
Lanxess and Advent buy DSM plastics division for 3.7 billion euros
Electric car production at VW in Zwickau The world market for high-performance plastics, such as those used in electric vehicles, is still highly fragmented. (Photo: Bloomberg) Frankfurt, Dusseldorf The specialty…
German economy is bunkering for fear of delivery bottlenecks
Dusseldorf Procurement difficulties and concerns about material shortages are driving demand from manufacturers of industrial primary products such as steel, semiconductors and plastics. Numerous companies from the relevant sectors are…
How the group is preparing for a gas supply stop
Color pigments from Lanxess production The specialty chemicals group has large locations in Leverkusen, Dormagen and Krefeld. (Photo: Lanxess AG) Dusseldorf Lanxess boss Matthias Zachert makes one thing clear: In…
Lanxess share: Lanxess investors receive higher dividends
Lanxess logo Despite rising costs, the group is confident about the current year. (Photo: dpa) Frankfurt The specialty chemicals group Lanxess ended the past year with a significant increase in…
Lanxess and Advent want to buy DSM Engineering Plastics
Frankfurt, Dusseldorf The specialty chemicals group Lanxess is working together with the financial investor Advent on a bid for the plastics business of the Dutch competitor DSM. The Handelsblatt learned…
Lanxess and Advent want to buy DSM Engineering Plastics
Frankfurt, Dusseldorf The specialty chemicals group Lanxess is working together with the financial investor Advent on a bid for the plastics business of the Dutch competitor DSM. The Handelsblatt learned…