Cognis acquires Laporte Performance Chemicals. (Industry News).* Cognis has signed a contract to acquire Laporte Performance Chemicals, a subsidiary of the former Laporte plc, which belongs to Degussa AG. The acquisition includes two production and development sites in the UK as well as several distribution companies. The company employs 220. "For Cognis this acquisition is a strategic success," said Antonio Trius, chief executive officer of Cognis. "Laporte Performance Chemicals provides an optimum enhancement to our product portfolio in the functional products business unit. One of the decisive factors Noun 1. decisive factor - a point or fact or remark that settles something conclusively clincher causal factor, determinant, determining factor, determinative, determiner - a determining or causal element or factor; "education is an important determinant of for the acquisition was that Cognis will be able to strengthen its approach of ecologically e·col·o·gy n. pl. e·col·o·gies 1. a. The science of the relationships between organisms and their environments. Also called bionomics. b. The relationship between organisms and their environment. sustainable chemicals as well as enter newly emerging markets." UK-based Laporte Performance Chemicals manufactures components for environmentally friendly Environmentally friendly, also referred to as nature friendly, is a term used to refer to goods and services considered to inflict minimal harm on the environment.[1] paint systems, as well as synthetic lubricants lubricants preparations for the lubrication of passages to reduce frictional injury, e.g. oily preparations, including petroleum jelly, lanolin or water-soluble preparations such as methyl cellulose. . |
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