Lanxess predicts record profit for 2017
10/08/2017
Chemicals company Lanxess has said it expects to earn record profit in 2017 after a strong second quarter. Sales for the three months increased by almost 30% to €2.5 billion. Profit grew by a quarter, primarily due to the earnings contribution from the newly acquired Chemtura businesses as well as to higher volumes and selling prices. “Our...