German chemical company Lanxess has reported that it has made progress with the portfolio adjustments announced at the end of last year. The group has now successfully concluded the sale of its Dorlastan fibres business, with production sites in Dormagen, Germany, and Bushy Park, South Carolina, USA, to the Japanese company Asahi Kasei Fibers Corporation (AKF). Now that the responsible antitrust authorities have issued their approval, the transaction takes legal and economic effect from March 1.