LANXESS makes Siemens a Global Alliance Partner

Mumbai  – LANXESS is securing strong support on its growth path and intensifying its long-standing cooperation with Siemens. The companies have now signed a contract for the procurement of technical goods for the global production facilities of the specialty chemicals company. From now on, Siemens will supply LANXESS not only with digital control systems and software, but also with motor control centers and fire detection systems, among other things, at globally uniform conditions. The contract, which will initially run for five years, covers an order volume in the mid-double-digit million euro range and can also be extended to other material groups at any time.

In addition, the two companies want to accelerate the digital transformation at LANXESS through the joint development of digital applications and technologies.

“We are pleased to expand our cooperation with Siemens and to be able to rely on the reliable technical solutions of a premium partner on our growth course. With the now globally uniform procurement conditions for the plant components, we are also making our technical procurement much more efficient,” said Hubert Fink, member of the Board of Management of LANXESS AG.

“LANXESS and we have enjoyed a reliable and successful partnership for many years. We are pleased to further expand our cooperation through the new framework agreement. In this way, we are joining forces and speeding up the innovation processes with regard to automation and digitalization in the process industry,” says Eckard Eberle, CEO Process Automation at Siemens

LANXESS is a leading specialty chemicals company with sales of EUR 6.1 billion in 2020. The company currently has about 14,900 employees in 33 countries. 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.

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.