Lanxess forecasts record sales for 2017

16/05/2017
Chemicals company Lanxess has reported a 25% rise in sales for the first quarter, and forecast 2017 will be the best in its history.

Sales for the three months reached €2.4 billion, and the company said there had been “strong demand” for leather chemicals.

“We recorded an increase in demand in all of our business segments and generated higher sales in all regions. This clearly shows that we have the right positioning,” said chairman Matthias Zachert.

It completed the acquisition of US company Chemtura in April.