Cognis said its first quarter sales rose 7.1% to $1.4 billion. According to the company, all three strategic business units—Cognis Care Chemicals, Nutrition & Health and Functional Products—increased sales by focusing on the innovation-driven growth markets of wellness and sustainability.
Care Chemicals’ sales rose 9.6% to $618 million. According to Cognis, the increase can be attributed to higher demand coupled with selling prices that largely reflect increases in raw material prices. Innovative and specialty products, as well as fatty alcohols and surfactants contributed to this growth.