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Lanxess posts strong growth in Greater China

By: Nina Ying Sun

LEVERKUSEN, GERMANY (Aug. 13, 1:50 p.m. ET) — Lanxess AG reported second quarter sales of 300 million euros ($370.5 million) in Greater China, showing a 31 percent year-on-year increase. During the same time period, the company achieved 8.1 percent sales growth globally, 24 percent in Asia and 14 percent in the five BRIC countries.

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