Lanxess

Lanxess

Community score

-2.27 -55
Industry: Chemicals
Listing country: Germany
Year added: 2018

Lanxess, a specialty chemicals company, was incorporated in 2004 and has its headquarters in Cologne, Germany. The company operates through several business categories, including Advanced Intermediates, which produces industrial chemicals such as benzyl products and amines; Specialty Additives, offering various industry additives including lubricants and flame retardants; Performance Chemicals, which includes products for water treatment and material protection; and Engineering Materials, providing high-performance plastics for the automotive and electronics industries. Although Lanxess had a joint venture named ARLANXEO with Saudi Aramco for synthetic rubber products, it is important to note that it sold its stake to Saudi Aramco in 2019, and therefore it is only a part of the company's historical portfolio. The company's most important brands include Durethan and Pocan for high-performance plastics; Levacast and Levamelt for polyurethane elastomers; Adiprene/Lubrithane for urethane prepolymers; and Bayferrox® and Colortherm® for Iron Oxide and Chrome Oxide pigments. Additionally, Saltigo is known for providing custom chemical synthesis services. Lanxess has a significant global presence, selling products and services in major markets such as Europe, Asia, and the Americas, with key countries including Germany, China, the United States, India, and Brazil. These regions reflect the company's broad international reach and its status as a global entity in the chemical industry. (Powered by AI)

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Lanxess

Chemicals are useful for making products that enhance the quality of life1. They are used in agriculture, healthcare, construction, consumer goods, and several other industries2. An example is acetic acid which is used for the production of dyes, ...

Toluwalope T. March 19th, 2024
20 ratings
Lanxess

Discrimination causes loss of self-esteem and confidence, hopelessness, and isolation1. An inclusive workforce can engage employees, leading a path to individual empowerment2;p6. People are discriminated against on various grounds such as race, et...

Rebecca L. October 23rd, 2023
18 ratings
Lanxess

To ensure strong institutions and the well-being of society, governments spend a considerable amount of the state's budget on public goods and services, which are funded by taxes paid by individuals and corporations1. Corporate taxes accounted for...

Deborah D. October 12th, 2023
16 ratings
Lanxess

About 785 million (Mn) people do not have access to basic drinking water services1, while 2.7 billion (Bn) people are experiencing water scarcity at least a month in a year2. The world's total water demand is 4,600 Bn m3 at present3. Prolonged wat...

Ajay A. October 4th, 2023
26 ratings
Lanxess

As of 2022, around 3.43 Billion (Bn) people were employed globally1. Job creation is essential to the economy and society as it encourages social integration, provides opportunities for personal development, reduces poverty, and provides social pr...

Feyisayo Favour F. September 11th, 2023
18 ratings
Lanxess

The protection of fundamental human rights, the absence of forced labour, the freedom to associate, workplace safety, etc. are all provided through good labour practices1. Around 40.3 million (Mn) people are subjected to modern slavery, of which 2...

Gift O. May 8th, 2023
16 ratings
Lanxess

As per the ILO, to be gender-balanced, an organization needs 40-60% of either gender1;p12. An upper ratio of women in the workplace forecasts more job satisfaction, meaningful work, dedication, and fewer burnouts2Conversely, women's underreprese...

Renu R. April 3rd, 2023
26 ratings
Lanxess

In 2021, global greenhouse gas (GHG) emissions amounted to 40.8 billion tonnes (t) of CO2e1. To meet the goals of the Paris Agreement, from 2020 to 2030, annual GHG emission reductions of 7.6% are required2. The rapid increase in the emission of G...

Dolapo J. February 10th, 2023
22 ratings
Lanxess

Annually, the world generates 2 billion tonnes (t) of solid municipal waste1. About 40% of the waste generated globally is managed improperly, dumped, or openly burned, while only ~14% is recycled2. Waste sent to landfills often contributes to glo...

Renu R. January 6th, 2023
24 ratings
Lanxess

The chemicals industry is heavily reliant on fossil fuels as feedstock, such as oil and gas, for the production of materials1;p1,2. The chemical sector consumes 8% of natural gas and 14% of crude oil worldwide1;p1,2. Mining and drilling are the tw...

Ardit N. March 16th, 2023
20 ratings

Most negative / positive SDG

+2.78
-3.65