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Article: ICIS Chemical Business Names LANXESS Company of the Year.
- Article from:
- Biotech Week
- Article date:
- October 14, 2009
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ICIS Chemical Business magazine is pleased to announce that Germany-based
specialty chemical firm LANXESS has been named ICIS Company of the Year (see also ICIS Chemical Business).
"The ICIS Company of the Year Award goes to LANXESS for its outstanding financial performance in a challenging 2008," said Joseph Chang, Global Editor of ICIS Chemical Business. "We congratulate LANXESS and its CEO Axel C. Heitmann."
In 2008, LANXESS's net profit jumped 53% to EUR171m on flat sales of EUR6.58bn, despite a sharp drop in fourth quarter demand, as experienced by the entire industry.
LANXESS ranked 45th in the ICIS Top 100 global ranking with ...