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Surface Chemistry

It was a year of solid profitability for Surface Chemistry, showing strong growth over last year. Revenue was up 15 percent, mainly due to the Boxing Oleochemicals acquisition in China. All segments contributed to the improvement, with solid margin management, high capacity utilization and continued cost control.

Q4 revenue was up 4 percent, mainly as a result of the Boxing Oleochemicals acquisition. Volumes were lower than the previous year, with customers being cautious.

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