Tuesday, June 09, 2009

LANXESS underpins BRIC strategy with two acquisitions in Asia

Specialty chemicals group LANXESS AG is underpinning its long-term growth strategy in the BRIC countries with two acquisitions in Asia. LANXESS subsidiary LANXESS India Private Ltd will acquire the chhemical businesses and assets of stock market listed Indian company Gwalior Chemical Industries Ltd for EUR 82.

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