IHS Chemical Week

Regions :: Western Europe :: Germany

Lanxess Results Rise on Higher Selling Prices, Improved Demand from Auto Sector

5:46 AM MDT | August 11, 2011 | Kerri Walsh

Lanxess reported improved sales and profits for the second quarter, helped by higher selling prices, and higher demand for synthetic rubber and high-tech plastics from the automotive and tire sectors. Net income jumped 38%, to €181 million, on sales up 23%, to €2.2 billion. Lanxess says it has raised its outlook for full-year 2011 Ebitda pre exceptionals because of the strong second quarter results. The company now expects Ebitda pre exceptionals to grow about 20% from year ago levels, up from its previous estimate of 10%-15%. The company earned...

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 member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 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

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.


contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 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