Lanxess completes sale of TPC business

10/01/2007

German chemicals group Lanxess has completed the sale of its Textile Processing Chemicals (TPC) business. All the activities of the business unit outside of
North America have now been acquired by Dutch investor Egeria. The transfer of the key elements of the sale were completed as of January 1, and local transfer of the remaining activities outside of North America will take place during the first half of this year as planned.