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Heavy Industry

Lanxess raises production targets in China
By STAFF EDITOR
Published: August 27, 2007 04:10 PM
German chemical manufacturer Lanxess plans to sell more Chinese-made products and may tap the country’s west, the 21st Century Business Herald reported, citing a senior board member. The company’s China sales climbed 12% year-on-year to US$446 million (€327 million) last year. It is increasing investment in China because many multinational customers such as tire manufacturers are building factories there. ...
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