Better for Biesterfeld

Hamburg-headquartered Biesterfeld Group has reported 2011 sales worth €963m, an increase of 15% over 2010. At the same time, EBIT rose 6% to more than €28m. "Based on stable customer demand at a very high level, Biesterfeld achieved increased sales and profit figures. All of the three core business divisions - Plastics, Specialty Chemicals and International - benefited from increasing demand," the company says. "Considering the first-quarter 2012 performance Biesterfeld is confident to reach its objectives of growing sales and volumes this year."