ARLANXEO is a world-leading synthetic rubber company with sales of around EUR 3.2 billion in 2018, about 3,900 employees and a presence at 20 production sites in nine countries. Headquartered in Maastricht, Netherlands, the company’s core business is the development, manufacturing and marketing of synthetic high-performance rubber for use in the automotive and tire industries, the construction industry, and the oil and gas industries. ARLANXEO was established in April 2016 as a joint venture of LANXESS - a world-leading specialty chemicals company based in Cologne, Germany - and Saudi Aramco - a major global energy and chemicals enterprise headquartered in Dhahran, Saudi Arabia. The two partners held each a 50% interest in the joint venture. Since January 1, 2019, ARLANXEO is a wholly-owned subsidiary of Saudi Aramco, a leading producer of energy and chemicals.

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LANXESS TO SELL 50% STAKE IN SYNTHETIC-RUBBER MANUFACTURER ARLANXEO

chemicals technology | August 10, 2018

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Specialty chemicals group Lanxess has announced its plans to sell a 50% stake in the synthetic-rubber joint venture (JV) Arlanxeo to its partner Saudi Aramco. The two companies founded the JV in 2016. It is now valued at €3bn. The deal is subject to approval from the relevant antitrust authorities and is expected to be complete by the end of this year. From this deal, Lanxess expects to receive around €1.4bn in cash after deducting debt and financial liabilities for its 50% share. This...

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SAUDI ARAMCO ACQUIRES 50% STAKE IN ARLANXEO CHEMICALS JV

Chemicals Technology | January 02, 2019

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Saudi Aramco has completed an acquisition of a 50% stake in the Arlanxeo joint venture (JV) from Lanxess. First announced in August last year, Lanxess divested the stake to reduce financial debt. Valued at €1.5bn, the transaction received approval from all relevant authorities. Saudi Aramco is now the 100% owner of Arlanxeo. The speciality chemicals JV was established in 2016 by Saudi Aramco and Lanxess. It produces synthetic rubber and elastomers for the automotive, tyre manufacturing, con...

Read More

EPA REPATRIATES FOUR CONTAINERS OF HAZARDOUS CHEMICAL TO GREECE, FINES LEC FOR POLLUTION

Liberian Observer | January 13, 2020

news image

The Environmental Protection Agency (EPA) has with immediate effect ordered the repatriation of four 40-feet containers of hazardous chemicals to Greece, from where they were brought, before entering Liberia. According to EPA Executive Director Nathaniel Blama, the chemical on the containers were fast tracked by the Liberia Revenue Authority (LRA) while conducting its regular inspection of cargos that are brought into the country. The EPA Director said the chemical when disposed of in any ...

Read More

NANOPARTICLES POWERED BY LIGHT AIM TO REDUCE CHEMICAL INDUSTRY'S CARBON FOOTPRINT

Firstpost | January 13, 2020

news image

The carbon footprint in the chemical industry is likely to reduce as engineers from Rice University have invented a light-powered nanoparticle to help the cause. They are tiny spheres of copper dotted with single atoms of ruthenium, is the prime ingredient in composing a green process for developing synthesis gas, commonly known as syngas, the valuable chemical feedstock generally used to make fertilizer, fuels, and many other products. Researchers from Rice, UCLA and the University of Californi...

Read More
news image

LANXESS TO SELL 50% STAKE IN SYNTHETIC-RUBBER MANUFACTURER ARLANXEO

chemicals technology | August 10, 2018

Specialty chemicals group Lanxess has announced its plans to sell a 50% stake in the synthetic-rubber joint venture (JV) Arlanxeo to its partner Saudi Aramco. The two companies founded the JV in 2016. It is now valued at €3bn. The deal is subject to approval from the relevant antitrust authorities and is expected to be complete by the end of this year. From this deal, Lanxess expects to receive around €1.4bn in cash after deducting debt and financial liabilities for its 50% share. This...

Read More
news image

SAUDI ARAMCO ACQUIRES 50% STAKE IN ARLANXEO CHEMICALS JV

Chemicals Technology | January 02, 2019

Saudi Aramco has completed an acquisition of a 50% stake in the Arlanxeo joint venture (JV) from Lanxess. First announced in August last year, Lanxess divested the stake to reduce financial debt. Valued at €1.5bn, the transaction received approval from all relevant authorities. Saudi Aramco is now the 100% owner of Arlanxeo. The speciality chemicals JV was established in 2016 by Saudi Aramco and Lanxess. It produces synthetic rubber and elastomers for the automotive, tyre manufacturing, con...

Read More
news image

EPA REPATRIATES FOUR CONTAINERS OF HAZARDOUS CHEMICAL TO GREECE, FINES LEC FOR POLLUTION

Liberian Observer | January 13, 2020

The Environmental Protection Agency (EPA) has with immediate effect ordered the repatriation of four 40-feet containers of hazardous chemicals to Greece, from where they were brought, before entering Liberia. According to EPA Executive Director Nathaniel Blama, the chemical on the containers were fast tracked by the Liberia Revenue Authority (LRA) while conducting its regular inspection of cargos that are brought into the country. The EPA Director said the chemical when disposed of in any ...

Read More
news image

NANOPARTICLES POWERED BY LIGHT AIM TO REDUCE CHEMICAL INDUSTRY'S CARBON FOOTPRINT

Firstpost | January 13, 2020

The carbon footprint in the chemical industry is likely to reduce as engineers from Rice University have invented a light-powered nanoparticle to help the cause. They are tiny spheres of copper dotted with single atoms of ruthenium, is the prime ingredient in composing a green process for developing synthesis gas, commonly known as syngas, the valuable chemical feedstock generally used to make fertilizer, fuels, and many other products. Researchers from Rice, UCLA and the University of Californi...

Read More