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UPDATE 2-German chemicals group Lanxess sees M&A-driven growth in 2021


2021 core profit seen at 900 million to 1 billion euros
Company plans further M&A with focus in consumer protection (Adds M&A comments from press conference)
March 11 (Reuters) - Lanxess is looking for more acquisitions in high-margin consumer markets such as food ingredients and animal hygiene, the German speciality chemicals maker said on Thursday, as it forecast a pick up in earnings from a pandemic-hit 2020.
The group, which began the year with three acquisitions including a $1.1 billion deal to buy U.S.-based rival Emerald Kalama Chemical, said its so-called “consumer protection” business was a particular focus for deals.
The business, which also produces ingredients used in surface disinfectants, hand sanitisers and soaps, generated about a fifth of the group’s revenues in 2020. ....

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Factbox-Latest on worldwide spread of the coronavirus


Factbox: Latest on worldwide spread of the coronavirus
Reuters
8/01/2021
© Reuters/KAI PFAFFENBACH
Red Cross mobile COVID-19 vaccination team at a retirement nursery in Dillenburg
(Reuters) - Britain saw record-high COVID-19 deaths and Spain posted its biggest one-day jump in cases since October, while the head of the World Health Organization said there was a clear problem of low- and middle-income countries not yet receiving vaccine supplies.
DEATHS AND INFECTIONS Eikon users, see COVID-19: MacroVitals https://apac1.apps.cp.thomsonreuters.com/cms/?navid=1592404098 for a case tracker and summary of news.
EUROPE
The European Union said it had secured nearly half of Pfizer s 2021 global output of vaccines, while a study found that this vaccine appears able to protect against a key mutation in the highly transmissible new variants of the coronavirus discovered in Britain and South Africa. ....

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