01 December 2011 11:34 [Source: ICIS news]
LONDON (ICIS)--LANXESS is targeting sales of more than €1bn ($1.35bn) in Greater ?xml:namespace>
The company defines Greater China as mainland
The company said
Since 2005, LANXESS has achieved strong sales growth every year in Greater China, the company added.
In 2010, sales were around €800m in the countries LANXESS defines as making up Greater China, which represented 11% of total group sales, it said.
The number of employees has also risen rapidly since 2005, from 580 to the current 950, it added.
LANXESS’ most recent investment projects include the construction of a plant for leather chemicals in
The company said in May that it was looking for acquisition opportunities in
($1 = €0.74)
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