Tuesday, October 21, 2008

LANXESS AG to become sole owner of Brazil's Petroflex; acquires 97% stake

Specialty Chemical group, LANXESS AG-which held 70% shares in Brazilian producer of elastomers, Petroflex S.A-has further acquired 27% for EUR 60 mln, giving it a total interest of around 97% in the BBrazilian company.

For more details on LANXESS AG to become sole owner of Brazil's Petroflex; acquires 97% stake click here

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