Home    Resource Store    Past Issues    Buyers' Guide    Career Center    Subscriptions    Advertising    E-Newsletter    Contact

http://bit.ly/QryKcX
http://www.spgprints.com
http://www.allstatestextile.com
http://www.textileworld.com/partners/Shaffer_and_Max-Dyeing_and_Finishing_Plant_2014
http://www.itmaasia.com
www.langligon.com
http://www.textileworld.com/Store/Books/diccionario-textil.html
http://www.textileworld.com/Store/Books/index.html
March/April 2014 March/April 2014

View Issue  |

Subscribe Now  |

Events

12th International Exhibition on Textile Industry (Indo Intertex 2014)
04/23/2014 - 04/26/2014

Smart Fabrics & Wearable Technology 2014
04/23/2014 - 04/25/2014

InDIGO-3
04/24/2014 - 04/26/2014

- more events -

- submit your event -

Printer Friendly
Full Site
Textile News

Bayer Spinoff To Be Named Lanxess

Germany-based Bayer AG has chosen Lanxess as the permanent name for NewCo, a recently formed company comprised of certain parts of Bayer Chemicals and Bayer Material Science (See Textile World News, TW, December 2003).

"We believe that the name is goal-oriented and forward-looking," said Axel C. Heitmann, Ph.D., CEO designate of Lanxess. "This name is a combination of the French word lancer, meaning to set in motion, and the English word success. It conveys our credo: We are aiming for success, as quickly as possible."

Named to Lanxess's Management Board are: Heitmann; Ulrich Koemm, Ph.D.; Matthias Zachert; Bruce Olson; and Martin Wienkenhover, Ph.D. The company's formation is largely complete. Bayer expects Lanxess to be virtually independent by July 1, and expects stock market placement by early 2005.

April 2004




Advertisement