The Urethane Blog

Lanxess Creates Urethanes Unit

LANXESS successfully completes acquisition of Chemtura

  • Acquisition cleared by all required regulatory authorities
  • Combined additives business with annual sales of approximately EUR 2 billion is a further strong pillar in the group
  • Increased footprint in the North American growth region
  • Zachert: “This acquisition is another major step in our realignment process.”

New fields of business for LANXESS: urethanes and organometallics

The urethanes business is new for LANXESS. Effective immediately, it will be placed within the newly formed Urethane Systems business unit headed up by Markus Eckert. The product range includes hot-cast prepolymers, special aqueous urethane dispersions and polyester polyols. These are components of specialty polyurethanes, used primarily in the construction, mining, oil, gas, athletic equipment and electronics industries. These plastics are used, for example, to manufacture rollers for conveyor belts or inline skates. Urethane Systems will join the existing High Performance Materials business unit of LANXESS to form the new Engineering Materials segment.