The newly-acquired Cognis business had a positive effect on BASF’s Q1 Performance Products results, as the integration is on-track for completion by the end of 2011.
Cognis is anticipating record results in full year 2010, as higher demand, better capacity utilisation and a portfolio shift towards high-value products has delivered a bumper set of results for the first nine months.
Cognis has launched three new vegetable fat ingredients, which allow manufacturers of products such as creams, soups and sauces to reduce levels of saturated fats without affecting taste or texture.
‘Billion dollar deal’ was not a phrase bandied about the food ingredients industry much last year. With BASF buying Cognis for €3.1bn and Corn Products International paying $1.3bn for National Starch, M&A looks to be thawing – but best not get over-excited...
BASF’s €3.1bn buy-out of Cognis is driven by interest in all of the German company’s three divisions – personal care, household chemical and human nutrition – but although human nutrition is the smallest part of the acquired operation, it was vital to...
Speculation about typical asset valuing ion the chemicals industry by Cognis’s chief financial officer, Marco Panichi, has led to a figure of €3.4bn being attached to the German ingredient company, as buy-out speculation mounts.
Cognis claims to have steered a steady course through last year’s economic upheaval. But despite a return to profitability, the downturn took its toll on nutrition and health and care ingredients sales.
Cognis is launching a new whipping agent based on soy protein, which is suitable for desserts for the lactose- and milk-free markets, and for vegetarians and vegans.
Cost savings initiatives have helped offset steeply declining sales for nutritional and personal care ingredients company Cognis during the first three quarters of 2009, the company said on Wednesday.
Cognis is launching a new blend of emulsifiers to give volume to cake mixes, concentrates and retail mixes that is said to be especially suitable fat containing batters and can withstand vigorous beating.
In our second round-ups of new ingredients that have become
available this year, we highlight launches of
carbohydrates and fibres, cultures, enzymes, and fats and oils.
Cognis is extending its non-hydrogenated fat range of Lamequick
whipping agents with three new versions suited to a broader range
of technical applications that meet consumers' healthy
requirements.
Cognis has expanded its sterol ester plant in Germany, enabling the
global chemicals supplier to produce the functional foods
ingredient in a finished form without any further processing
needed.
European ingredients firm Cognis is using the IFT event in Chicago
this week as a platform to launch a variety of new products on the
US market, including emulsifiers, aerating agents and a 'natural'
mold inhibitor.
Cognis has refused to confirm reports in the German press that it
is in advanced discussions with three potential purchasers, but the
outcome of a strategic review will be made public before the end of
the year.
Cognis and WILD are joining forces to form a powerhouse of food and
beverage product innovation, combining Cognis' store of ingredients
with Wild's formulation expertise.
Cognis is counting on phytosterols and branded ingredients like
Tonalin CLA to drive its nutrition and health business unit, while
at the same time investigating strategic options for the company as
a whole
German health ingredients firm Cognis has introduced an
emulsifier-protein compound targeted for use in bakery
applications, which claims to replace the need to use eggs in
formulations without any significant changes to taste or...
Health ingredients firm Cognis has introduced two African plant
extracts that it claims can offer real antioxidant benefits to iced
tea and other drinks looking for a healthy positioning.
The Cognis Group, a leader in antioxidant and botanical
ingredients, announced recently that it is near to completing
construction of the world's largest stand-alone manufacturing
facility for phytosterols.
As speciality chemicals company Cognis heads for the FiE to promote
a number of ingredients - not least Tonalin CLA, results released
yesterday show a rise in organic growth for the health and
nutrition arm of the company in the third...
Cognis Nutrition and Health and Kemin Foods have finally reached an
agreement in court over the marketing and promotional issues for
lutein and lutein esters products.Specific terms of the agreement
are to remain confidential between...
Cognis, the nutritional ingredients company, has signed an
agreement with Norwegian group Natural giving it the exclusive
licence to market and manufacturer Natural's Tonalin CLA product.
Cognis Nutrition and Health used the Vitafoods exhibition taking
place in Geneva, Switzerland this week as the right platform to
launch its Tonalin CLA to the European market.
Cognis B.V., a subsidiary of the Henkel Group, has entered the
botanical extracts market with the acquisition of Spanish company
Laboratorios Dr. Vinyals...
Nutritional ingredients business Cognis continues to concentrate on
core activities with the announcement this week that it has sold
its Fragrances & Specialties business (Cognis F&S) to
Japanese speciality chemicals business...
Cognis Nutrition & Health, a nutritional ingredients supplier,
has responded to claims made earlier this week by Dutch rival
Loders Croklaan regarding the infringement of several of its
patents.
Natural specialty ingredients manufacturer Kemin Foods, has filed a
lawsuit in the US contending that fine chemicals company, Cognis
Corp., continues to make false claims that blur the differences
between lutein esters and the purified...
Henkel KgaA has agreed to sell its chemical division Cognis to a
consortium of financial investors comprising of Schroder Ventures
and Goldman Sachs Capital Partners.
