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Lanxess's Earnings Rise on Higher Volumes and Selling Prices

3:52 AM MDT | May 11, 2011 | Kerri Walsh

Lanxess reported first-quarter 2011 net income up 60%, to €166 million ($239 million), on sales up 29%, to €2.1 billion. Volumes rose 12%, while selling prices jumped 15%.  The company expects full-year 2011 Ebitda before special items to reach...

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