Starting April 1, 2016, Torsten Derr will take over as head of Saltigo, a subsidiary of the specialty chemicals company. Derr is currently the head of the Lanxess Board of Management’s Commercial & Supply Chain Excellence Initiative. The outgoing head, Wolfgang Schmit, is retiring after 41 years in the company.
“On behalf of the Board of Management, I would like to thank Wolfgang Schmitz for his outstanding leadership and loyal cooperation over the many years of his career at Bayer and Lanxess and wish him all the best for this new chapter in his life,” said member of the Lanxess Board of Management Hubert Fink. “I would like to thank Torsten Derr for his pathbreaking work in the Commercial & Supply Chain Excellence Initiative and wish him every success in his new area of responsibility.”
Since April 2006, Lanxess’ fine chemicals business has been run by a separate legal entity, Saltigo GmbH, which is wholly owned by Lanxess. The business unit is a leading supplier in the field of exclusive custom synthesis. The compounds that Saltigo manufactures form the basis for a variety of agricultural and pharmaceutical active ingredients, polymers and specialty chemicals that also play an important role in daily life.
Saltigo is part of the Advanced Intermediates segment, which achieved total sales in fiscal 2014 of EUR 1.6 billion. The company, which is headquartered in Leverkusen and has production facilities in Leverkusen and Dormagen, employs around 1,200 staff internationally.