Cognis achieves increased profits in the face of current trends
Cognis, the speciality chemicals producer, has reported a satisfactory year for 2002, after its profits increased 3.1% to Eur393 million ($421.7 million) and its sales remained level at Eur3.1 billion.
The German company’s European market provided a 3.1% increase in sales to Eur1.7 billion, yet dollar-dominated regions experienced a severe downturn. In