News

Lanxess spin-off accomplished

01/02/2005

The separation of German Lanxess AG from the Bayer Group was accomplished on Friday, January 28, 2005 with the entry of the spin-off of the new chemicals group in the commercial register for Bayer AG. This completes the most fundamental restructuring in Bayer AG's history. The portfolio of Lanxess comprises large parts of Bayer's previous chemicals business and about one third of its former polymers business.

To continue reading this story, please sign in or register.

Leatherbiz.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.