Breaking News

Cognis Reports Rise In Sales for First Quarter

July 12, 2007

­Global specialty chemicals company Cognis reported first quarter sales rose 1.7% to $1.1 billion. On organic terms, excluding foreign currency effects and effects of acquisitions of Cosmetic Rheologies (March 2006) and Napro Pharma (May 2006), sales grew 4.6%. Almost all strategic business units contributed to this growth.

Care Chemicals, the company’s largest sales by strategic business unit (SBU), posted a 2.4% increase to $485 million.

“We had a satisfactory performance in the first quarter both in sales and profit,” said Cognis Chief Executive Officer Dr. Antonio Trius. “Higher margin products and higher volumes at our strategic business units care chemicals and functional products, and a successful cost management were important drivers for our solid growth.On the other hand, increased raw material prices and unfavorable hard currency issues had an impact on our earnings.”
  • It’s Magic!

    It’s Magic!

    Melissa Meisel, Associate Editor||March 20, 2017
    Argan oil-infused ‘Moroccan’ lip care brand jumps from WholeFoods into CVS.

  • On the Cutler Edge

    On the Cutler Edge

    Melissa Meisel, Associate Editor||March 13, 2017
    Top brand source at Redken forecasts up-to-the-minute hair trends.

  • Take The Hint

    Take The Hint

    Christine Esposito, Associate Editor||March 13, 2017
    Water brand forays into sun protection by capitalizing on scent and experience.

  • Supply-Side Innovations

    Supply-Side Innovations

    Tom Branna, Editorial Director||March 1, 2017
    Raw material suppliers roll up their sleeves and roll out their new products for the global cleaning industry.

  • New Faces in Familiar Places

    New Faces in Familiar Places

    Tom Branna, Editorial Director||March 1, 2017
    The American Cleaning Institute officially welcomed its new president.

  • Special Delivery

    Special Delivery

    Tom Branna, Editorial Director||March 1, 2017
    UV protection is important, but what good is that sunscreen if consumers won’t apply it?