Cognis to sell its leather business
14/07/2008
Specialty chemicals supplier Cognis has signed an agreement to sell its Pulcra Chemicals subsidiary—the part of the business that serves the leather industry—to Germany-based Fashion Chemicals for EUR 26.3 million.Fashion Chemicals is an investor backed mainly by DSD Deri Sanayicileri Dis Ticaret, based in Istanbul, Turkey, an organisation with...