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The Asia Pacific Market Has The Development Of The Leon Sun Leather Chemicals Division.

2008/3/27 0:00:00 10312

Leatherwear

Germany's lanxon company, the world's leading specialty chemicals group, has announced its 2007 fiscal year announcement.

In 2007, lanxon sales reached 6 billion 610 million euros, down 4.8% from the previous year. The exchange rate and business adjustment factors led to a 9.8% decline in sales. After excluding the above factors, sales increased by 5%. The profit level increased significantly, and the profits and profits before and after the conventional business increased by 6.5%, reaching 719 million euros, close to the upper limit of the company's expected level.

In addition, sales of LANXESS in China maintained a strong growth rate of two digits, excluding the impact of product line adjustment and exchange rate factors, the growth rate was as high as 23.4%.

LANXESS high performance polymer business board integrated the business of synthetic rubber and plastics manufacturing, and achieved good results in 2007. At the same time, the impact of the sharp rise in raw material costs has been effectively pferred to downstream enterprises.

Sales of the business sector increased by 4.2% to 2 billion 680 million euros, and the profit and earnings before the normal business range increased by about 11% to 376 million euros.

Ding Ji rubber and semicrystal products two business units have increased the additional capacity, and the br business department has also re opened a production line, these capacity growth has met the strong market demand.

Sales of high quality intermediate business segments increased by 5.6% to 1 billion 200 million euros.

Among them, the sales volume of agricultural chemicals and other products of the basic chemicals business department increased significantly, and the price of products increased slightly. The pharmaceutical and pesticide intermediates of Saltigo business department grew the most.

The business restructuring of the sector contributed to revenue growth, and the pre tax income from the conventional business scope was 174 million euros, while the marginal rate was only slightly down by 0.8 percentage points, reaching 14.5%.

The high performance chemicals business sector benefited from product line adjustment, and revenue grew substantially.

The sales volume fell 10.7% from last year to 1 billion 970 million euros.

Among them, the exchange rate factor led to a 3.2% decrease in revenue and a 9.7% decrease in the income of the paper and textile chemicals business. After excluding these factors, the sales volume of the business sector increased by 2.2% over the previous year.

The favorable market environment of the Asia Pacific market has benefited a lot from leather chemicals business and Rhine chemistry.

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