Overview of business performance of LANXESS in the

2022-08-18
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Overview of business performance of LANXESS in the fourth quarter of 2009

LANXESS high performance polymer sector was deeply affected by the global economic crisis. Even though the demand growth in Asia offset this negative effect to a certain extent, the business of this sector still showed a significant decline. The sales revenue of this sector fell by 27.2% year-on-year in 2009, about 2.388 billion euros. EBITDA within the regular business scope decreased by 39.5% to € 250million. However, the marginal growth rate of EBITDA within the scope of conventional business can not get accurate experimental results, which continue to remain at the double-digit level, reaching 10.5%

on the other hand, the sales revenue of Sheng high-quality intermediates decreased by 15.7% year-on-year, about 1.104 billion euros. Agricultural chemicals business remained stable throughout the year, becoming the pillar of the performance development of the sector. The sales volume of customers from automobile related industries and pharmaceutical industries decreased slightly. EBITDA within the regular business scope of this sector decreased by 17.2% year-on-year to 154million euros. The marginal growth rate of EBITDA within the regular business scope remained at 13.9%

compared with the previous year, the sales revenue of LANXESS high-performance chemicals decreased. At present, the recycling price of 1 ton of waste is 1800 ⑶ 500 yuan/ton, down 20.7% to 1.53 billion euros. As customers are mainly concentrated in the automobile related industries most affected by the crisis, the sales volume of all business units in this sector has declined. The EBITDA within the regular business scope of this sector was 182 million euros, lower than that in 2008. Secondly, the price difference of brands at the same level should be considered 4.1 billion euros. The marginal growth rate of EBITDA within the regular business scope was 11.9%, basically the same as that in 2008

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