Lanxess AG is a specialty chemicals group founded in 2004 as a spin-off from Bayer AG, operating through the business segments of Advanced Materials, Performance Chemicals, High Performance Materials and ARLANEXO. Since 2004, Laxness has acquired a number of related companies and expanded its operations to 52 production sites across the world. Lanxess AG employs around 16,000 workers in 29 countries and is headquartered in Cologne, Germany.