Cognis to hive off process unit

Williams, Dede; Gibson, Jane
April 2007
ICIS Chemical Business;4/30/2007, Vol. 2 Issue 64, p6
Trade Publication
The article reports on the plans of Cognis to spinoff its process chemicals unit into a separate company in July 2007 and to sell it at a later date. The move comes after strong improvement in Cognis' profitability in 2006, confirming that the company's strategy of focusing on innovative specialties for wellness and sustainability markets is the right one, according to Antonio Trius, chief executive officer of Trius. The German firm hopes to expand its activities in Asia.


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