LANXESS keeps its pace of growth in Spain

Chemist German specialist group lanxess AG has increased its sales by Spain during the first quarter of 2008 by 2.3 per cent in comparison with the same period of last year, once discounted the effects by variation of the portfolio of business and monetary. Specifically, the business of fine chemicals and rubber of high-performance have submitted an outstanding growth. In the first quarter of the year, Lanxess has had a turnover of EUR 1535 million. The rubber of the firm have been the subject of an increase in demand, especially by the tyre manufacturer industry. Stable performance in the areas of base chemicals and chemicals for rubber has also contributed to the positive development of the billing.

"Our orientation determined towards products of high quality in positions of leadership in the market has allowed us to achieve, once again, business superior results to the media, in market conditions that pose a challenge", afirmóAxel C. Heitmann, Chairman of the Council of direction of Lanxess. In net sales, the company has managed, in addition to a positive impact on prices, from 3.8 per cent, a significant increase in the volume of 4.3 per cent. "In all segments have managed affect the increases in the price of raw materials", he added Heitmann.