Key management functions are currently located in a number of buildings throughout the Leverkusen Chempark, and the capacities for suitable office space and parking are exhausted. These management functions are to be consolidated under one roof at the new group headquarters building which, as well as providing sufficient space and ease of access, is to incorporate an innovative and effective office concept. Current planning is for around 500 of the some 8,000 LANXESS employees in Germany to relocate to the new building, which is to be financed preferably by an external investor.  Leverkusen will continue to play a central role for the company in the future. ‘Leverkusen will remain our biggest and most important production location worldwide with the most employees. We will maintain our high level of commitment here in the future as well. Alone this year and next we will be investing around €200 million at the site,’ said Heitmann. Following the move, the company will also continue to use the building which now houses its headquarters at the Leverkusen Chempark.  The company announced in June of this year that it is the new name sponsor of the former Kölnarena, which has since been known as the LANXESS Arena.