LANXESS presents strong results for 2012
In 2012, LANXESS experienced the best year of its growth story so far, with improvements in all key financial data.
New Keltan Elastomers and High Performance Elastomers business units
Due to the growing importance of the global business with synthetic ethylene propylene diene monomer (EPDM) rubber, LANXESS split the Technical Rubber Products business unit within the Performance Polymers segment into two independent business units with effect from January 1, 2013. The new Keltan Elastomers business unit now focuses on the manufacture and marketing of EPDM.
LANXESS stock started the new year at €67 and remained above €60 for the first few weeks. From mid-March, a price correction set in and our stock posted losses through the end of the period, closing at €55.32 on the last trading day of the first quarter.
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