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LANXESS to launch first online Virtual Day

Shanghai, September 14, 2020 — German specialty chemicals company LANXESS will launch on September 15-17 its first-ever online Virtual Day under the theme of “Creating value with partners.” The event is focused on the Asia-Pacific region and will create a platform to communicate with customers and partners and promote latest products and solutions.

This virtual trade fair is our answer to the frequent cancellation of traditional trade shows in the wake of the novel coronavirus pandemic,Ming Cheng Chien, President LANXESS Asia-Pacific Region, said. “The very satisfactory response in registrations so far shows that our customers are on board with this new format. We look forward to welcoming them to a vibrant and interactive virtual event.

Virtual Day revolves around a comprehensive 3-day agenda of 56 online seminars held in English, Chinese and Japanese. Experts from LANXESS will showcase new products, new processes and new technology for a broad range of industries including new mobility, rubber and plastics, construction, coatings, E&E, metal working, water treatment and personal care.

The event also features an interactive 3D exhibition online booth to ensure that participants gain immersive experience. By taking a virtual walk through the 720 degree booth, visitors can get detailed information on latest exhibits and solutions. A download center with brochures and videos complements the comprehensive offering.

Solutions for key industries
With long-term confidence in the prospects of the electric vehicle market, LANXESS is ready to display its wide range of new products dedicated to the New Mobility sector, such as Durethan high-performance lightweight plastics or Lewatit ion exchange resins, which have long been proven in the extraction and production of metals that are key cathode materials for electric vehicle batteries today.

LANXESS will also demonstrate and explore solutions serving the construction industry, such as polymerized flame retardants and inorganic pigments produced with environmental processes.

With more efforts planned for the development of consumer protection products, LANXESS also seeks to showcase its high performance active ingredient of insect repellent Saltidin® and unique solutions for personal care products during the event.

LANXESS is a leading specialty chemicals company with sales of EUR 6.8 billion in 2019. The company currently has about 14,300 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.

On January 31, 2005, the company was initially listed on the Frankfurt Stock Exchange and LANXESS Chemical (China) Co., Ltd. officially started operations. LANXESS has 15 subsidiaries, 7 R&D centers and 8 production sites with around 1,500 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.

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