Archives for July 22, 2003

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Lonza first half profits plummet

Swiss fine chemicals producer Lonza is facing increasing pressure from emerging markets with sales of its organic and performance chemicals dropping 11 per cent in this year's first half.

DSM gets cut-price vitamins business

DSM will wipe €200 million off the purchase price for Roche's vitamins unit, owing to the unit's recent poor performance and costs associated with the long approval process of competition authorities, said the company today.