Lanxess appoints new head subsidiary Saltigo

Lanxess appoints new head of subsidiary Saltigo

10:00 AM, 15th February 2016
Lanxess appoints new head of subsidiary Saltigo
Torsten Derr appointed as the head of Saltigo, a subsidiary of the specialty chemicals company, Lanxess AG. (File photo)

COLOGNE, GERMANY: Lanxess AG said that it has appointed Torsten Derr (46), currently head of the Lanxess board of management’s commercial & supply chain excellence initiative, as head of Saltigo, a subsidiary of the specialty chemicals company, effective 1 April.

The outgoing head, Wolfgang Schmitz (62), is retiring after 41 years in the company.

Derrwas put in charge of the commercial & supply chain excellence initiative in August 2014. Earlier he was assuming responsibility for the Keltan Elastomers business unit from June 2013, after working as head of the material protection products business unit since March 2009.

“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,” said Hubert Fink, management board member, Lanxess.

Saltigo is part of the advanced intermediates segment, which achieved total sales in fiscal 2014 of €1.6 billion. The company, which is headquartered in Leverkusen and has production facilities in Leverkusen and Dormagen, employs around 1,200 staff internationally.

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