Welcome Guest to Happi

Subscribe Free: Magazine | eNewsletter

current issue December 2014
 •  Charlotte Tilbury Channels Hollywood  •  Croda Reveals Findings on Volarest FL  •  Lubrizol Joins Roundtable on Sustainable Palm Oil  •  Antitrust Regulator in France Fines Major Companies  •  Paradigm Science‚Äôs Cervino Wins Award
Print

Cognis Sells F&S Division



Published November 14, 2005
Related Searches: executives chemicals products sales
Post a comment
l GERMANY: Cognis, Düsseldorf, announced the sale of its fragrances and specialties business (Cognis F&S) to Kao Chemicals, Tokyo, Japan. Cognis divested the business to concentrate on its core activities, according to company executives. Kao will incorporate the business into its aroma chemicals and fragrance division.
“This acquisition will enhance profitability of Kao’s aroma chemicals business and benefit overall activities in our chemical products division toward achievement of profitable growth,” said Takuya Goto, president and chief executive officer, Kao Corp.
Consolidated net sales from the business are expected to reach about 120 million euro.


blog comments powered by Disqus