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ALTANA: Sales and Earnings Below Prior Year Levels Despite Noticeable Upturn in Business

Significant recovery occurred in the second half of the year

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By: DAVID SAVASTANO

Editor, Ink World Magazine

ALTANA recorded considerable declines in sales and earnings in the business year 2009. “Despite our comparatively robust setup, the global economic crisis has taken a toll on ALTANA,” stated Dr. Matthias L. Wolfgruber, CEO of ALTANA AG. “Nevertheless, 2009 was not a lost year for us. We were able to further consolidate our position in the worldwide specialty chemicals markets. We have used 2009 to operate even more efficiently and to further optimize our structures; and we were drawn even cl...

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