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Moving in upward direction, says CEO.
November 25, 2009
By: TOM BRANNA
Editor
In the first nine months of 2009, global specialty chemicals supplier Cognis saw its sales volumes fall by 11.8%, according to its latest report. Compared to the first nine months of 2008, the total net external sales figure of $2.9 million represents a fall of 15%, with the highest decrease in Europe. However, in comparison with the second quarter 2009, global sales volumes increased by 5.1% in the third quarter.Cognis’ operating results (adjusted EBITDA) increased by 2.1% to $407 million. ...
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