Double digit sales and earnings rise for filler maker Degussa

By Liz White, ERJ staff

Duesseldorf, Germany–Degussa AG, which earns some 19 percent of its sales from its carbon-black-, silica- and silanes-producing unit, Coatings and Advanced Fillers, saw double digit rises in sales and earnings across its chemicals businesses in the third quarter.

“Thanks to a strong rise in volumes and perceptible price increases,we were able to lift sales 12 percent. Earnings (EBIT) rose 10 percent, partly as a result of successful cost savings,” said Professor Utz-Helmuth Felcht, Degussa chairman,speaking atthe group’s third quarter results meeting…

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