Liqui-Moly Reports Increased Sales

Liqui-Moly reported an 8 percent increase in sales for the first half of this year. The German company said that exporting to many countries helped it weather such factors as rising raw material costs, discontinuing its Russian business because of the war in Ukraine and losing sales in China during restrictive pandemic lockdown periods there.

The company’s sales reached €382 million (U.S. $388.3 million) for the period from January through June, compared with €355 million for the same period in 2021.