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Company also reports record operating result.
May 27, 2010
By: TOM BRANNA
Editor
In the first quarter of 2010, global specialty chemicals supplier Cognis recorded excellent results, significantly exceeding the first quarter of 2009. Sales increased by 10.6% to $891.7 million due to a strong recovery in actual demand, and supported by customer restocking. Sales volumes across all business units were up by 14.2%, and reached similar levels to the first quarter of 2008. This volume growth offset lower selling prices, and was at its strongest in March. Europe in particular s...
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