From April 1, 2016, Torsten Derr, currently head of the Lanxess Board of Management’s Commercial & Supply Chain Excellence Initiative, will take over as head of Saltigo, a subsidiary of the specialty chemicals company. The outgoing head, Wolfgang Schmitz , is retiring after 41 years with the company.
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 supplier in the field of exclusive custom synthesis for the pharmaceutical, agricultural, and specialty chemicals market.
Mr. Derr started his professional life at Bayer AG. In 2007, he took charge of the caprolactam business line of the High Performance Materials business unit at Lanxess. In March 2009, he was appointed as head of the Material Protection Products business unit, before assuming responsibility for the Keltan elastomers business unit from June 2013. In August 2014, the Lanxess Board of Management put him in charge of the Commercial & Supply Chain Excellence Initiative.