Swiss chemicals group Lonza has announced a strategic investment of
$200m in its operations in China, with the investment boosting all
the business including its rapidly expanding nutrition business
portfolio.
Swiss chemicals group Lonza has reported a 38.8 percent increase in
operating income in 2005, but margins for its nutritional products
have been eroded by high costs.
Swiss fine chemicals group Lonza said yesterday that it saw strong
demand for its nutrition products during the first half but high
raw material and energy costs continued to erode margins, writes
Dominique Patton.