Welcome Guest to Happi

Subscribe Free: Magazine | eNewsletter

current issue November 2014
 •  President Signs Sunscreen Innovation Act  •  Rob Lowe, The Formulator  •  Body Shop Donating To War Child  •  L’Oréal To Honor Social Responsibility in Dermatology  •  Clariant Reaches ISO22716 and EFfci GMP Milestone
Print

Cognis Sells Pulcra Chemicals



Published August 6, 2008
Related Searches: business financial chemicals sustainability
Post a comment
Specialty chemicals supplier Cognis has signed an agreement to sell its Pulcra Chemicals subsidiary to Germany-based Fashion Chemicals GmbH & Co. KG for $42 million. According to the company, the sale is in line with Cognis’ strategy of focusing on its core businesses driven by wellness and sustainability trends.

Fashion Chemicals additionally took over $24 million of financial liabilities, including debts and pensions. The final transaction is expected to be complete by the end of October 2008.


blog comments powered by Disqus