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Net Sales Jump 8% at Cognis

Published November 30, -0001
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For the first nine months of 2008, global specialty chemicals supplier Cognis posted a net sales growth of 8% to $1.05 billion. Also, the company reported that the sale of Pulcra Chemicals on Oct. 31, 2008 and oleochemicals on Nov. 24, 2008 were successfully completed.

For the third quarter, the company reported higher sales across its three core business areas—Care Chemicals, Nutrition & Health and Functional Products. Increases in raw material, energy and transportation costs as well as unfavorable exchange rates were partly compensated by selling price increases and better cost structures.

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