Change In Store For Cognis' Oleochemicals | Chemical & Engineering News
Volume 86 Issue 30 | p. 27 | Concentrates
Issue Date: July 28, 2008

Change In Store For Cognis' Oleochemicals

Department: Business

German specialties company Cognis has sold its half-share of Malaysia-based Cognis Oleochemicals to Singapore's PTT Chemical for roughly $165 million. Cognis' joint-venture partner, palm oil producer Sime Darby, will retain its 50% stake. Cognis Oleochemicals calls itself the world's largest producer of oleochemicals based on raw materials such as palm oil, other vegetable oils, and tallow.

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