"Best Innovation Contributor 2009:" Cognis receives supplier award from Henkel Laundry & Home Care
Cognis and Henkel developed a special additive providing improved drying properties, particularly for plastic parts, in automatic dish detergents. Thomas Müller-Kirschbaum, Corporate Senior Vice President for R&D, Technology and Supply Chain within Henkel's Laundry & Home Care business sector sees the result of the cooperation as a positive example: "This innovative chemistry contributes to assuring Henkel's leading position in premium automatic dish washing detergents, now and in the future."
Richard Ridinger, Executive Vice President Care Chemicals, proudly accepted the award on behalf of the Care Chemicals team: "The award from Henkel confirms that our innovation strategy is the right one. We help our customers to develop products with benefits which respond to consumer needs to set their brands apart from the competition." Karlheinz Hill, Vice President Care Chemicals Technology, commented: "We set up a joint project with Henkel already at a very early stage of the development with regular and direct interaction in the project team. The success shows how important close cooperation with customers is for keeping up with market needs and customer demands." For Cognis, market driven innovation is a central pillar of its strategy, offering new ideas and solutions which target the megatrends of wellness and sustainability. Cognis Care Chemicals is one of the world's leading suppliers of raw materials for the home & personal care and industrial cleaning industries.
BASF Personal Care and Nutrition GmbH
Cognis is a worldwide supplier of innovative specialty chemicals and nutritional ingredients, with a particular focus on the areas of wellness and sustainability. The company employs about 5,600 people, and it operates production sites and service centers in 30 countries. Cognis has dedicated its activities to a high level of sustainability and delivers natural source raw materials and ingredients for food, nutrition and healthcare markets, and the cosmetics, detergents and cleaners industries. Another main focus is on products for a number of other industries, such as coatings and inks, lubricants, as well as agriculture and mining.
Cognis is owned by private equity funds advised by Permira, GS Capital Partners, and SV Life Sciences. In 2008, Cognis recorded sales of about 3 billion euros and an Adjusted EBITDA (operating result) of 351 million euros.