Cognis has announced its intention to double its annual sales in 4 or 5 years through a combination of growth and acquisition. Though ambitious, Cognis is confident of achieving this target which will be supported by regrouping its businesses into five strategic business units : Oleochemicals, Care Chemicals, Nutrition & Health, Functional Products and Process Chemicals. The company is also looking for appropriate acquisitions in the US and Asia/ Pacific. This announcement seems to indicate the objective of Cognis’ owners is to launch the company on the stock market in London.
(Vgl. Meldung vom 2002-06-17.)
Source: oleoline.com vom 2003-02-12.