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August 11, 2008
By: DAVID SAVASTANO
Editor, Ink World Magazine
Cognis has signed an agreement to sell its Pulcra Chemicals subsidiary to Fashion Chemicals GmbH & Co. KG for €26.3 million. The sale is in line with Cognis’ strategy of focusing on its core businesses driven by the wellness and sustainability trends. Fashion Chemicals GmbH & Co. KG is an investor backed mainly by DSD Deri Sanayicileri Dis Ticaret A.S, based in Istanbul, Turkey, an organization with excellent connections within the leather goods industry. The fin...
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