THE HAGUE, Netherlands—Arlanxeo Holding has moved its global headquarters and corporate center from Maastricht, Netherlands, to The Hague.
As part of the move, which was completed May 1, Arlanxeo's top corporate positions, including CEO, chief financial officer and general counsel, will be co-located with parent company Aramco Overseas Co.
"The closer proximity to our parent company will help enhance Arlanxeo's overall visibility and strengthen our ties with the Aramco family," CEO Donald Chen said.
All other Arlanxeo Holding employees will move to an office in the Sittard-Geleen area, close to Maastricht, by mid-2021. The new office location soon will be determined.
Formerly the synthetic rubber manufacturing unit of Lanxess A.G., Arlanxeo was formed as a joint venture between the German materials supplier and Saudi Aramco in April 2016. Aramco acquired full ownership of the business in December 2018.
Arlanxeo employs 3,900 people across 20 production sites, and posted sales of about $3.36 billion in 2019.