Degussa to Double China Growth

摘要

The world's leader in specialty chemicals -Degussa AG-aims to restructure its Chinese presence through a newly opened holding company to boost its growth in China. Addressing an inauguration ceremony of the Degussa (China) Holding, Utz-Hellmuth Felcht, chairman of the Board of Management of Degussa AG, said the holding company, based in Beijing, is expected to double Degussa's sales in China in the coming years.