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July 1, 2019
By: TOM BRANNA
Editor
Lonza Group will spin off its specialty ingredients segment (LSI). The decision will see the LSI business under independent management, with increased control over its operations and costs. The segment will remain fully owned by Lonza. The company has already commenced with the separation and expects to complete the process by mid-year 2020. “This is an important moment for our business and the LSI segment,” explained Lonza Group CEO Marc Funk. “Our decision will allow the segment to focus on...
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