News

News

2018-10-09

LANXESS to exhibit at first China International Import Expo

LANXESS at CIIE, Booth 3A3-003, German Pavilion, Hall 3, November 5-10, 2018

Shanghai – October 9, 2018 – Specialty chemicals company LANXESS will exhibit at the first China International Import Expo (CIIE) held from November 5-10, 2018 at the National Exhibition and Convention Center in Shanghai, China. The company will showcase products and solutions supporting China’s high-quality development in areas such as new mobility and urbanization. Underscoring LANXESS’ heritage, the booth will be part of the German Pavilion in the exhibition’s High-end Intelligent Equipment area.

 

“We are proud to be part of the first CIIE held in China,” LANXESS Asia President Ming Cheng Chien said. “Witnessing China’s rapid growth, we have taken deep roots here over the past 40 years. From 2005 to 2017, China’s share of LANXESS’ global business has already increased from 7% to 13%. We see enormous potential for our future growth in China as the country enters a new development stage with consumer upgrading, demand-driven reform and environmental protection.”


Establishing the CIIE is a significant move by the Chinese government to give firm support to trade liberalization, economic globalization and actively opening the Chinese market to the world. The initiative was announced in May 2017 by Chinese President Xi Jinping at the Belt and Road Forum for International Cooperation. This year, over 2,800 companies from over 130 countries and regions are slated to exhibit, 170 of which will be from Germany. 

 

About LANXESS

LANXESS is a leading specialty chemicals company with sales of EUR 9.7 billion in 2017 and about 19,200 employees in 25 countries. The company is currently represented at 74 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of chemical intermediates, additives, specialty chemicals and plastics. LANXESS is listed in the leading sustainability indices Dow Jones Sustainability Index (DJSI World and Europe) and FTSE4Good.

 

LANXESS China

On Jan. 31, 2005, LANXESS AG was initially listed on the Frankfurt Stock Exchange, and its subsidiary LANXESS Chemical (China) Co., Ltd. officially began operations. Today, LANXESS has 17 subsidiaries including 3 joint ventures, 9 production sites as well as 9 R&D centers with about 1,900 employees in Greater China. LANXESS works closely with its local partners to develop market-oriented solutions that meet local market needs.

 

Forward-Looking Statements

This company release contains certain forward-looking statements, including assumptions, opinions, expectations and views of the company or cited from third party sources. Various known and unknown risks, uncertainties and other factors could cause the actual results, financial position, development or performance of LANXESS AG to differ materially from the estimations expressed or implied herein. LANXESS AG does not guarantee that the assumptions underlying such forward-looking statements are free from errors nor does it accept any responsibility for the future accuracy of the opinions expressed in this presentation or the actual occurrence of the forecast developments. No representation or warranty (expressed or implied) is made as to, and no reliance should be placed on, any information, estimates, targets and opinions, contained herein, and no liability whatsoever is accepted as to any errors, omissions or misstatements contained herein, and accordingly, no representative of LANXESS AG or any of its affiliated companies or any of such person's officers, directors or employees accept any liability whatsoever arising directly or indirectly from the use of this document.

 

Information for editors:

All LANXESS news releases and accompanying photo, video and audio materials can be found at http://www.lanxess.cn, http://www.weibo.com/lanxess, or LANXESS’ official WeChat account: LANXESS_china

 

 

Contact

Yu Fiona

Yu Fiona
Corporate Communications

Phone: +86 21 6109 6666
Fax: +86 21 6109 6717