Throughout the world, more and more people seek increased mobility. The only way to avoid heightening the burden on the environment is to come up with new, sustainable solutions. As a technological leader in specialty chemicals, we develop new applications that enable more environmentally friendly “green mobility.”
LANXESS has become the first German chemicals company to successfully place a Chinese offshore renminbi-denominated bond in Hong Kong, thus further diversifying its funding sources. The issue has a volume equivalent to roughly €60 million.
LANXESS stock performed very well in the first quarter of 2012, posting a 55% increase. The shares climbed back above €50 in February and continued to gain steadily, closing the period at €61.98.
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