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STINNES REPORTS FIRST HALF SALES GROWTH

STINNES REPORTS FIRST HALF SALES GROWTH

   Stinnes AG reported that revenue from sales rose 22 percent in the first half of 2001, to $5.74 billion.

   The company, based in Mulheim, Germany, said although it’s transportation and chemicals division had performed strongly, a drop in demand for steel products weakened the performance of its materials division.