PROFILE |
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Laporte: a drug-making, cosmetics-thickening, weed-killing, food-additive-producing chemical company. A subsidiary of German chemical giant Degussa AG, Laporte's fine chemicals are used in pharmaceuticals, food additives, and agrochemicals. After selling diverse operations in electronics, plastics, absorbents and pigments to Kohlberg Kravis Roberts, the company has focused on its specialty organics operations (fine and performance chemicals and catalysts/initiators). Early in 2001 Laporte was acquired by Degussa in a $2 billion deal. The combination represents one of the world's largest makers of fine chemicals for pharmaceutical companies.
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
1999 Sales (mil.): 1,503.70
1-Yr. Sales Growth: 9.4%
Employees: 5,361
Revenue per employee: $280,488.71
KEY PEOPLE |
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Jim Leng
CEO
Michael A. Kayser
CFO
CONTACT INFO |
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Nations House, 103 Wigmore St.
London W1H 9AB, United Kingdom
Phone: 44-20-7399-2400
Fax: 44-20-7399-2401
Online: Web Site
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