LANXESS Announces 2007 Third-Quarter Results
Pittsburgh, PA, November 14, 2007
LANXESS Corporation's third-quarter U.S. sales (adjusted for portfolio changes and currency effects) increased around 7 percent in the third quarter of 2007 compared to the same period of last year.
Continued competitiveness of the U.S. chemical industry was emphasized last week at the LANXESS-hosted Chemical Industry Summit. LANXESS Corporation President and CEO Randy Dearth brought together chemical industry executives and policy makers to discuss major issues facing the industry.
Together the group explored legislative and regulatory initiatives for the chemical industry and successfully identified real solutions to issues including energy, security, climate change, and rail transportation.
About LANXESS
LANXESS is a leader in specialty chemicals with 2006 sales of EUR 6.94 billion and more than 16,000 employees in 21 countries. The company is represented at 47 production sites worldwide. The core business of LANXESS is the development, manufacture and sale of specialty chemicals, plastics, rubber and intermediates.
