Lanxess Chief Forecasts ‘Good Start’ to 2012, Handelsblatt Says

Lanxess AG, a German specialty chemical company, forecasts that this year’s earnings before interest, tax, depreciation and amortization will be a fifth higher than the 2010 figure, at 1.1 billion euros ($1.4 billion), and the company is confident it will have a good start to 2012, Handelsblatt reported today, citing Chief Executive Officer Axel Heitmann.