Lanxess AG is a German specialty chemicals company based in Cologne, Germany. It was founded in 2004 after Bayer AG spun off its chemicals division and parts of its polymers business.
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Lanxess AG is a German specialty chemicals company based in Cologne, Germany. It was founded in 2004 after Bayer AG spun off its chemicals division and parts of its polymers business.
== History == The company's roots trace back to 1863, with the founding of Bayer AG. In November 2003, as part of a major restructuring, the Bayer Group decided to spin off a significant portion of its chemical activities, along with approximately one-third of its polymer business, into an independent entity.
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