Lanxess to move headquarters to Cologne

Citation

(2009), "Lanxess to move headquarters to Cologne", Pigment & Resin Technology, Vol. 38 No. 1. https://doi.org/10.1108/prt.2009.12938aab.003

Lanxess to move headquarters to Cologne

Article Type: Industry news From: Pigment & Resin Technology, Volume 38, Issue 1

Lanxess AG plans to relocate its headquarters from Leverkusen to Cologne, Germany. The move is to be completed by 2011. Lanxess has begun discussions with the city of Cologne to identify possible sites. Currently approximately half of the 15,000 Lanxess employees worldwide are based there. Key management functions at Lanxess are currently located in a number of buildings throughout the Leverkusen Chempark. These management functions will be consolidated under one roof at the new group headquarters building. Planning is for approximately 500 of some 8,000 Lanxess employees in Germany to be relocated to the new building.

Leverkusen will continue to play a central role for Lanxess in the future. “Leverkusen will remain our biggest and most important production location worldwide, with the most employees,” said Axel Heitmann, chairman for the board of management of Lanxess. “We will maintain our high level of commitment here in the future as well. Alone this year and next we will be investing around €200 million at the site.”