Lanxess ‘Confident’ About 2010 Following Strong Q4
After finishing the 2009 financial year on a high note in the last quarter, specialty chemicals group Lanxess has expressed confidence for the 2010 year. This sense of optimism, it says, is supported by the company’s development within the Asia/Pacific and further boosted by savings generated from its “Challenge09-12” package of measures. “We therefore expect a significant year-on-year improvement in earnings, even if there is currently no sign of a self-sustaining upswing,” said Axel C. Heitmann, chairman of the Lanxess AG Board of Management.