IHS Chemical Week

People & Business :: Companies


1:03 PM MDT | August 8, 2007 | Alex Scott in Basel

Lonza (Basel, Switzerland) has undergone a dramatic transformation over the past three years. The company posted its first ever decline in sales and profits in 2004, but it has since emerged as the unparalleled leader in contract fine chemical manufacturing with double-digit bottom and top line growth, and a burgeoning project pipeline. The company’s turnaround began in late 2004, soon after the arrival of CEO Stefan Borgas from BASF, where he was group v.p./fine chemicals with responsibility for regional business unit operations in North America...

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