LANXESS business acquisition of DSM Elastomers

DSM Elastomers business of the purchase price of approximately 6 times the expected rate of its 2010 profit before tax, depreciation and amortization (EBITDA). The acquisition will spend LANXESS Group's existing liquidity, projected 2011 earnings per share during the year will achieve added value.

 DSM and the Netherlands once the employee representative Truck Tyre consultation agreement, the acquisition will ultimately determine the terms of the contract. The acquisition will be submitted to examination and approval of the relevant anti-monopoly, is expected to be completed in early 2011.

 Lanxess CEO Heitmann said: "We look forward to the field from the DSM EPDM professional team Jiaru Lang Sheng, want them to be our core business of synthetic rubber, a valuable asset. The acquisition will also achieve LANXESS 2015 within the scope of normal business income tax profit before depreciation and amortization (EBITDA pre exceptionals) of EUR 1.4 OTR Tyre  billion in the ambitious target has taken an important step. "

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