Lanxess expects EUR 1 bn earnings

Specialty chemicals company Lanxess expects that many of its customer industries will recover and therefore anticipates EBITDA pre exceptionals of between EUR 900 million and EUR 1 billion for the full year.

WebWerks inks $150 mn pact with Iron Mountain

WebWerks, an independent data center provider, announced that it has entered into a strategic relationship with Iron Mountain, who will invest US$150 mn primary equity into WebWerks over the next two years.