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Lanxess Targets €1 billion Sales in China Next Year; Hosts 'Rubber Day' in Beijing

7:38 AM MST | December 1, 2011 | Natasha Alperowicz in Beijing

Lanxess says it is targeting sales of more than €1 billion ($1.35 billion) in Greater China in 2012. "Greater China will continue to be a cornerstone of our fast-growing Asian business," said chairman Axel C. Heitmann today, ahead of the company’s second ‘Rubber Day China’ event being held in Beijing on Friday.  It is being attended by about 350 delegates from business, academia, the media and local authorities, as well as the German Ambassador to China, Michael Schaefer.   Lanxess’s products, which enable...

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