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Speciality chemicals group Altana continued on its growth course in the 2013 business year. Sales increased by 4% to €1765M in year-to-year terms. "With the acquisition of Rockwood’s rheology business, in particular, we reached another important milestone on our path for profitable growth,” stated Dr Matthias L Wolfgruber, CEO of Altana AG. EBITDA grew by 4% to €336M.
The BYK Additives & Instruments division achieved the highest sales growth in 2013, up by 12% (yr-on-yr) to €691M. Just under half of the increase resulted from the integration of Rockwood’s rheology activities, which is proceeding to plan. The Eckart Effect Pigments division generated sales of €335M in 2013.
