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Lanxess starts fourth round of restructuring & considers buying Degussa from RAG


Publisher
Elsevier Science
Year
2006
Weight
49 KB
Volume
2006
Category
Article
ISSN
0969-6210

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✦ Synopsis


and the US. For full-year 2005, it generated SFR 1.28 bn in sales revenues, of which textile colorants accounted for about 50%. Mr Huntsman commented: "Of the dyes/colorants share of this business, there are some very lucrative pieces that serve North America and Europe, and which will continue to be manufactured in those areas. But the large chunk of the dyes business and the commodities side of that business has to move to Asia longer term. Moving dyes production to Asia is a tremendous opportunity."