18.02.2011 • News

Brenntag Pledges to Pay 30-45 Percent of Profit as Dividend

German chemicals distributor Brenntag plans to pay out 30-45 percent of its 2010 net income in dividends, its finance chief Juergen Buchsteiner told Reuters on Thursday.

The company posted 2010 net income of €146.6 million.

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VCI Welcomes US-EU Customs Deal

The German Chemical Industry Association (VCI) welcomes the fact that Ursula von der Leyen, President of the European Commission, and US President Donald Trump have averted the danger of a trade war for the time being.