TITLE

Lanxess tags $1.4 billion for improvements

AUTHOR(S)
Dawson, Brad
PUB. DATE
October 2007
SOURCE
Rubber & Plastics News;10/1/2007, Vol. 37 Issue 5, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents information related to the improvement plans of the rubber chemicals supplier Lanxess AG. It is stated that Lanxess plans to invest more than $1.4 billion through 2009 to strengthen its businesses, with a specific focus on capital expenditures and facilities in Asia. The company is also restructuring its 13 business units effective October 1, 2007 to reflect its divestiture of noncore operations, reorganizing its four segments into three.
ACCESSION #
27033584

 

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