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  September 5, 2001
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Home > Company Index > Chemicals > Basic & Intermediate Chemicals & Petrochemicals > Degussa AG

Degussa AG
OTC: DGX
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 NEWS FROM THE WIRES
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 PROFILE
After the merger of Degussa-Hüls and SKW Trostberg, Degussa AG is one of the largest specialty chemical companies in the world. The company makes products used in manufacturing tires, animal-feed additives, pharmaceuticals, and paints and coatings. One of Degussa's best-known products and brands is Plexiglas plastic sheet. The company also makes additives for the food and beverage industries, construction chemicals, personal care chemicals, and superabsorbents. German energy company E.ON AG owns about 65% of Degussa AG. The company has acquired Laporte, a UK-based specialty chemical company, and has agreed to sell its precious metals and catalysts unit, degussa Metals Catalysts Cerdec (dmc2).

 COMPETITION
Ciba Specialty Chemicals Holding Inc. (CSB)
Clariant Ltd (dossier)
Imperial Chemical Industries PLC (ICI)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 17,135.20
1-Yr. Sales Growth: 30.2%
Employees: 62,941
Revenue per employee: $272,242.26

 KEY PEOPLE
• Uwe-Ernst Bufe
    CEO
• Heinz-Joachim Wagner
    CFO

 CONTACT INFO
Weissfrauenstrasse 9
60287 Frankfurt, Germany
Phone: 49-69-218-01
Fax: 49-69-218-3218
Online: Web Site

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