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LANXESS to Relocate to Cologne - Specialty chemicals group LANXESS has found a new home in Cologne
LANXESS to Relocate to Cologne

 

PRZOOM - /newswire/ - Cologne, Germany, 2011/05/18 - Specialty chemicals group LANXESS has found a new home in Cologne. FRA: DE Frankfurt: LXS

   
 
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• New Group headquarters on Deutzer Freiheit;
• Move to Cologne in 2013 with more than 1,000 employees;
• Contracts signed.

The MDAX company will transfer its corporate headquarters from Leverkusen to the former Lufthansa headquarters on Deutzer Freiheit in the second half of 2013. This means that LANXESS will in the future steer its global business from Cologne. The contracts with the owner, Kennedy-Ufer-Köln GmbH & Co. KG, and the project developer, HOCHTIEF Projektentwicklung GmbH, have already been signed. LANXESS will rent the building measuring around 100 meters in height.

"We have found an ideal location for LANXESS in Cologne, and are really looking forward to moving to our new home city," said Axel C. Heitmann, Chairman of the Board of Management of LANXESS AG, at this year’s Annual Stockholders’ Meeting taking place today in the LANXESS arena. Cologne, continued Heitmann, not only has an infrastructure unique in North Rhine-Westphalia with excellent transport connections, it is also a renowned academic and research center and, as such, an enormous attraction for top talent. “The high cost-efficiency of the new company headquarters and the benefits of Cologne as a location will assist us in our course of growth.”

More than 1,000 employees will move to their new offices in the Deutz area of Cologne in 2013. “The building is currently being completely modernized. It will then become one of the most energy-efficient buildings in Germany,” stated Heitmann. The new company headquarters will bring almost all management functions under one roof. The 22-storey office building has a leased area of around 38,000 square meters.

LANXESS (lanxess.com) is a leading specialty chemicals company with sales of EUR 7.1 billion in 2010 and currently around 15,500 employees in 30 countries. The company is at present represented at 46 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of plastics, rubber, intermediates and specialty chemicals.

 
 
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LANXESS to Relocate to Cologne

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LANXESS |
Contact: Ingo Drechsler - LANXESS.com 
+49 214 30 43790 ingo.drechsler[.]lanxess.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any LANXESS securities in any jurisdiction including any other companies listed or named in this release.

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