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.
‘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 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.
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'
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
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
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...
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...
Natural ingredients supplier Cognis, recently sold off by Henkel
and acquired by a consortium of financial investors, announced in
September that the Nutrition & Health business unit had
recorded sales of €149m with a growth rate...
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...
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...