01.06.2017 • News

Warren Buffett Takes Stake in Lanxess

(c) Lanxess
(c) Lanxess

Berkshire Hathaway, the conglomerate headed by American billionaire Warren Buffett, has taken a 3% stake in Germany’s Lanxess. A statement filed with the Frankfurt stock exchange on May 29 said Berkshire Hathaway subsidiary General Reinsurance purchased the stake on May 19. The move puts the US investor among the company’s top six shareholders.

Bloomberg news agency said Berkshire Hathaway has been pursuing investments in Germany and had agreed earlier this year to buy Wilhelm Schulz, a manufacturer of piping components based in Krefeld. The Omaha, Nebraska-headquartered holding group also owns 100% of US specialty chemicals company, Lubrizol.

Lanxess finalized last month its $2.4 billion purchase of US specialty chemicals producer, Chemtura, a move which boosts the German group’s annual turnover to €9.2 billion. Chemtura will be known as Lanxess Solutions US.

Article

The State of the US Specialty Chemicals Industry
Reshaping Specialty Chemicals Manufacturing

The State of the US Specialty Chemicals Industry

SOCMA's Jenn Klein examines how specialty chemical manufacturers — the invisible backbone behind pharmaceuticals, electronics, agriculture, and energy — are navigating supply chain shifts, policy uncertainty, and constant change while remaining resilient, disciplined, and focused on execution.

Free Virtual Event

Batteries and Hydrogen: Competitors or Partners?
CHEManager Spotlight

Batteries and Hydrogen: Competitors or Partners?

17 September 2026 | Reserve your spot to learn where solid-state batteries and green hydrogen are headed—and how leading teams are turning them into scalable energy storage solutions.

Top-Feature

most read

Photo
News • Chemistry

VCI Welcomes US-EU Customs Deal

The German Chemical Industry Association (VCI) welcomes the fact that Ursula von der Leyen, President of the European Commission, and US President Donald Trump have averted the danger of a trade war for the time being.