Functional Chemicals, in particular, posted a sharp drop in volumes on account of portfolio changes. In this segment too, effective cost management led to a 42.5 percent increase in EBITDA pre exceptionals, to EUR 57 million (2004: EUR 40 million). The principal contributors to earnings growth were the Leather, Rubber Chemicals, Material Protection Products and Ion Exchange Resins business units. The EBITDA margin pre exceptionals rose by 3.6 points to 11.7 percent.
LANXESS Deutschland GmbHGerman multi-national chemical group LANXESS is among the few suppliers to the leather industry who has an almost complete chemical product range for the manufacturing of leather. Products include inorganic- and synthetic tanning agents, preservatives, tanning and finishing auxiliaries, fatliquors and dyestuffs.