Cognis reports sales increase
23/08/2007
Chemicals company Cognis has increased its sales by 6.2% for the first half of the year.
Chief executive, Carlos Trius, mentioned the company’s functional products business unit as one of the main contributors to this success. He said it and the care chemicals and nutrition and health parts of the business had been able to focus on “ innovation-driven growth markets”.
Among the products he had in mind is the Active Textiles range, which includes Skintex, a specialist treatment that garment manufacturers can add to sportswear and other apparel to help wearers take better care of their skin.
Mr Trius pointed that these good results helped make up for the higher raw materials costs Cognis and all its rivals are trying to cope with.
Demand for textiles products was particularly high in Asia, the company said.
