Group 1 - The article discusses recent restructuring actions taken by major chemical companies, including layoffs, business divestitures, and facility closures in response to global market challenges [2][3]. - Lanxess reported a 12.6% decline in sales to €1.47 billion in Q2, with EBITDA down 17.1% to €150 million, primarily due to weak demand in the construction sector and rising energy costs [2][3]. - Lanxess plans to close its hexane oxidation facility by the end of Q2 2025 and streamline its global aromatic chemicals plant network, expecting annual savings of €50 million from these measures starting in 2027 [3][4]. Group 2 - Celanese announced a 4.5% decline in net sales to $2.5 billion in Q2, with the engineering materials segment showing a significant profit increase of 72% [3][4]. - The company plans to exit its Micromax® product line and close its Elotex® facility in Switzerland, as well as a plant in Sarnia, Canada, to achieve cost savings of $5-10 million before 2026 [4].