BERLIN German speciality chemicals group Lanxess confirmed its 2019 earnings forecast on Tuesday less than a day after BASF warned profit would fall well below forecasts given the global economic slowdown and the U.S.-China trade conflict.
COLOGNE, Germany Germany's Lanxess said on Thursday weak demand from Chinese automakers for its plastics business, offset by a better outlook for agrochemical ingredients, would lead to flat operating earnings this year.
FRANKFURT, Feb 4 A court in Germany will
initiate data theft proceedings in June to hear a case about a
former employee at German chemicals maker Lanxess who
is accused of stealing trade secrets with the aim of setting up
a copycat chemical reactor in China.