# Advent International and LANXESS announce management team for planned high-performance materials JV

Advent International and LANXESS AG announced the planned global business structure and designated management team for their proposed joint venture for engineering high-performance materials. The JV will combine DSM Engineering Materials and LANXESS High-Performance Materials, with headquarters near Düsseldorf.

- Type: Partnership
- Announced: 2022-10-10
- Where: near Düsseldorf, Germany
- Status: announced
- Products: high-performance materials, engineering plastics, specialty materials
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Advent International](https://endata.com/companies/430.md) (partner)
- [LANXESS](https://endata.com/companies/15514.md) (partner)
- [DSM Engineering Materials](https://endata.com/companies/48332.md) (partner)

## Sources

- [lanxess.com](https://lanxess.com/de-de/presse/presseinformationen/2022/10/advent-und-lanxess-geben-globale-geschaeftsstruktur-und-management-bekannt), 2024-09-30: "Das Joint Venture soll die drei globalen Geschäftsbereiche Performance Materials, Specialty Materials und Intermediates umfassen."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.