News

Lanxess sales increase 7.4% in Q1

31/05/2005

German specialty chemical company, Lanxess AG, has reported success in the first quarter of 2005. Sales advanced by 7.4% to €1,729 million compared with €1,610 million in the same period last year. The company attributed this rise to an increase in business in its Performance Rubber and Chemical Intermediates segments. Group net income for the first quarter came to €70 million, a strong improvement compared with the same period of 2004 (€26 million).

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