Cognis strengthens its position in Asia
Speciality chemicals supplier Cognis has opened an affiliate in Mumbai, India. As of today, Cognis India will be a wholly owned subsidiary of the Cognis Group and will operate under the name Cognis Specialty Chemicals Pvt Ltd.
Speciality chemicals supplier Cognis has opened an affiliate in Mumbai, India. As of today, Cognis India will be a wholly owned subsidiary of the Cognis Group and will operate under the name Cognis Specialty Chemicals Pvt Ltd.
The company has had a presence in India since February 2008 when it opened a liaison centre in the region. This led to a 30% increase in Cognis’ sales in India and Cognis hopes that the new affiliate will continue to grow its business in India.
Cognis India will employ technical and commercial managers to work on all of the company’s strategic business units, while technical service facilities in India will also be established for Care Chemicals and Functional Products.
In March, Cognis set up a branch office in Auckland, New Zealand and the opening of Cognis India serves to consolidate Cognis’ position in the Asia-Pacific market.