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Lanxess calls for government help for chemical industry after profit slump

(Reuters) -Chemicals group Lanxess on Friday set out plans to trim costs, including job cuts, and called on German politicians to support the struggling industry after its quarterly profit fell by more than half. Lanxess, which until recently had managed to pass rising raw material and power costs onto customers, was one of several German chemical firms that have trimmed their forecasts in the past weeks due to still high energy prices and weak demand. "We urgently need sustainable framework conditions – above all an internationally competitive electricity tariff for the industry," CEO Matthias Zachert said in a statement. ....

Krefeld Uerdingen , Nordrhein Westfalen , Baader Helvea , Alexander Smith , Linda Pasquini , Antonis Pothitos , Konstantin Wiechert , Matthias Zachert , Milla Nissi , Sharon Singleton , Michael Pontzen , Matthias Zachert , Quarterly Profit ,

LANXESS Aktiengesellschaft: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

EQS Voting Rights Announcement: LANXESS Aktiengesellschaft

LANXESS Aktiengesellschaft: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the. | June 21, 2023 ....

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DZ Bank downgrades Lanxess to 'Hold' - Fair Value 28 euros

DZ Bank downgraded Lanxess from buy to hold and lowered its fair value from 43 to 28 euros following a profit warning from the chemicals group. In a study published on Tuesday, analyst Peter Spengler. | June 20, 2023 ....

Peter Spengler , Dz Bank , Lanxess Ag Stock Exchange , Press Release , Eter Lxs De0005470405 ,

LANXESS Aktiengesellschaft: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

EQS Voting Rights Announcement: LANXESS Aktiengesellschaft

LANXESS Aktiengesellschaft: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the. | June 9, 2023 ....

Frankfurt Am Main , Distribution Services , Notification Of Major Holdings , Rights Announcement , Voting Rights Announcement , Entity Identifier , Regulatory Announcements , Corporate News , Lanxess Ag Stock Exchange , Press Release , Ith Lxs De0005470405 ,

EQS-PVR: LANXESS Aktiengesellschaft: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

EQS Voting Rights Announcement: LANXESS Aktiengesellschaft LANXESS Aktiengesellschaft: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective ....

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