Degussa reported improved fourth-quarter 2004 results,and says it has taken its two remaining noncore assets off the block.Those businesses,dimethyl terephthalate producer Oxxynova and the industrial chemicals unit of Degussa's Goldschmidt subsidiary,were on a list of divestments drawn up in 2001 that have transformed Degussa into a dedicated specialty chemicals company.Degussa,meanwhile,is progressing with the divestment of two other businesses,food ingredients and water treatment chemicals,and says they have attracted significant buying interest.
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