Korea in order to further increase profitable growth in the important Asia Pacific region, starting January 1, 2007. Lanxess's Korea operations have so far been run through an agency agreement with Bayer Korea Ltd.
Lanxess' sales in South Korea in 2005, were up almost 16% and H1-2006 sales rose again by around 18% as against corresponding periods last year. The Asia Pacific region has achieved a growth of around 21% in 2005, compared with 15.8% in 2004. Sales forEngineering Plastics increased more than 26%. In 2005 Asia Pacific's share of the companies total sales was around 17%.
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