Lanxess offers conservative outlook despite Q2 profit surge
By Laura Syrett
Published: Wednesday, 06 August 2014
A major consumer of pigment and speciality chemical minerals, Germany-based Lanxess’ earnings growth will encourage raw materials suppliers. However, the company is evidently nervous about the prospects for rubber chemicals, despite strong sales in pigments.
Strong performances in pigments and agrochemicals helped
second quarter profits for German speciality chemicals producer
Lanxess AG to leap more than 600% to 55m ($73.5m*) from
9m for the same...