IHS Chemical Week

World News and Views :: Top of the News

Lonza Reports Fall in First-Half Profits

12:24 AM MDT | July 25, 2012 | Deepti Ramesh

Lonza recorded a 3.1% fall in first-half profits compared with the year-ago period, to SF94 million ($94.5 million). First-half sales increased, however, by 64.6%, to SF1.96 billion, mainly due to the acquisition of biocides maker Arch Chemicals (Norwalk, CT), which was completed last October, for $1.4 billion, Lonza says. EBIT for the first half increased by 23.5%, to SF168 million Earlier this year, Lonza fired CEO Stefan Borgas following a series of weak financial results. Richard Ridinger was appointed as the new CEO, starting May 1. The new CEO says he has...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa