Lanxess enjoys a successful first year in business
Sales increased by 5.6% to €7.15 billion in 2005 and the company reduced net debt from €1.1billion to €680 million.
Lanxess is planning a third package of restructuring measures in order to increase its competitiveness. New measures have been planned for the Polybutadiene Rubber, Butyl Rubber, Inorganic Pigments and Styrenic Resins business units, with an associated one-time implementation cost of €55 million. These measures affect sites in the