Japanese chemical industry news (page 7)

The sale completed on April 1, 2025, for €500M. Proceeds will redeem a bond, reducing leverage to ~3x. This concludes LANXESS's portfolio transformation.

EBITDA up 19.9% to EUR 614M. Sales down 5.2%. Strong cash flow, debt reduced. Cost savings ahead of plan. Urethane Systems sale to UBE finalizes specialty chemicals shift.

The reactors will produce biofuels by 2026, marking a European first with an integrated green hydrogen facility. Total investment: €650M. 76 permanent jobs will be created.