Cognis Sheds Fiber Treatments | Chemical & Engineering News
Volume 86 Issue 29 | p. 24 | Concentrates
Issue Date: July 21, 2008

Cognis Sheds Fiber Treatments

Department: Business
News Channels: Environmental SCENE
Fitterling
Credit: Dow Chemical
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Fitterling
Credit: Dow Chemical

Specialty chemical supplier Cognis has agreed to sell its Pulcra Chemicals textile and leather process chemicals subsidiary to Germany's Fashion Chemicals for about $40 million. Fashion Chemicals is an investment group backed mainly by the Turkish company Deri Sanayicileri Dis Ticaret, whose stakeholders include tanneries and leather manufacturers. Pulcra reported sales of $337 million last year.

 
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