Chemical Company Lanxess to Consolidate Business Units

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Effective January 1, 2015, Lanxess (Leverkusen, Germany), a specialty chemicals company which has worked with contracted partner Symrise on menthol production, will merge certain business units.

Citing its goals of a more efficient business unit structure, the company plans to have 10 units rather than its 14 previously. The company will present details on the restructuring on Nov. 6, 2014.