Internal restructuring
European Union
Location of affected unit(s)
Germany, Spain
Manufacture Of Chemicals And Pharamceuticals
Manufacture Of Chemicals And Chemical Products
20 - Manufacture of chemicals and chemical products

960 jobs
Number of planned job losses
Job loss
Announcement Date
26 April 2005
Employment effect (start)
Foreseen end date


Lanxess, the German chemicals company which went public recently, has revealed that it intends to cut up to 1,200 jobs. Chairman Axel Heitmann explained that Lanxess, which is a spin-off of German chemicals and pharmaceuticals group Bayer, was facing serious challenges and was unable to benefit from the current upturn in the chemicals sector. The company will soon start negotiations with employee representatives regarding the planned job cuts.It is examining whether to concentrate production of its styrenic resins at one plant, possibly closing either a plant in Dormagen, Germany, or Tarragona, Spain. A decision is expected by June 2005.

In June 2005, the company announced that the job losses (960) would occur in Germany. No direct dismissals are foreseen.


  • 13 April 2005: Financial Times Deutschland
  • 27 April 2005: Boersen Zeitung
  • 9 June 2005: Financial Times Deutschland


Eurofound (2005), Lanxess, Internal restructuring in European Union, factsheet number 61479, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61479.