COGNIS SELLS ITS STAKE IN COGNIS OLEOCHEMICALS TO PTT CHEMICAL
Cognis has also announced the signing of an agreement to sell its Pulcra Chemicals subsidiary to Germany-based Fashion Chemicals GmbH & Co. KG for €26.3 million. Fashion Chemicals is backed mainly by DSD Deri Sanayicileri Dis Ticaret A.S. (DSD), based in Istanbul, Turkey. This transaction is expected to completed by the end of October.
For more information, visit www.cognis.com.