Cognis integration in BASF will generate €275m

Published: 25-Mar-2011 Featured companies: BASF Personal Care and Nutrition GmbH

BASF's personal care portfolio to be strengthened


Chemical company BASF has announced its integration plans for personal care manufacturer Cognis, expecting to generate €275m additional earnings before interest and taxes (EBIT) thanks to the integration. Altogether the company aims at generating an additional EBIT of €135m by 2015.
Synergies of around €140m will be achieved by the end of 2013 according to predictions.

“Through the acquisition, we have strengthened our activities in attractive growing markets such as personal care and home care, nutrition and health, coating additives synlubes and mining chemicals. The businesses complement each other excellently,” said Dr. John Feldmann, member of BASF’s board of executive directors.
According to BASF, the major parts of the structural integration will be completed by the end of 2011.

Featured companies

BASF Personal Care is one of the world’s leading supplier of high-performance ingredients for the personal care industry. The company understands human needs and meets them...
See more

You may also like

You need to be a subscriber to read this article.
Click here to find out more.
Ingredients

From ChatGPT to Dall-E, here are the surprising ways AI can help beauty brands

Read more
Becki Murray discovers how the AI revolution is freeing up formulators’ time, letting them focus on what they do best

Trending Articles

  1. Chanel N°5 unveils new campaign starring Margot Robbie and Jacob Elordi Margot Robbie succeeds Marion Cotillard as the new face of fragrance
  2. Breakthroughs in ingredient technology and packaging trends in the cosmetics industry The cosmetics industry is constantly evolving, driven by innovation in ingredient technology and packaging. As consumer expectations shift towards more sustainable, functional, and effective beauty solutions, brands are exploring new ways to differentiate themselves and capture market share. In 2024, several key breakthroughs in ingredient technology and packaging trends are reshaping the future of beauty products. Let’s dive into these exciting developments and explore how they are transforming the landscape
  3. You need to be a subscriber to read this article.
    Click here to find out more.
    90s fragrance revival to help TikTok deliver ‘record-breaking Christmas sales’ Black Friday is predicted to deliver triple-digit growth on the platform, thanks in part to demand for nineties fragrances and viral make-up items
  4. The Ordinary co-founder Nicola Kilner to cede Deciem CEO role Kilner will step down as CEO at the end of the year, but will remain as co-founder and continue to be involved
  5. Helen of Troy buys nail brand Olive & June for $225 million The brand owner will build on Olive & June’s consumer perception strength and help expand its availability

Relevant companies

See more

Upcoming event

Cosmoprof India 2024

5-7 December 2024 | Mumbai, India See all

You may also like

You need to be a subscriber to read this article.
Click here to find out more.
Ingredients

From ChatGPT to Dall-E, here are the surprising ways AI can help beauty brands

Becki Murray discovers how the AI revolution is freeing up formulators’ time, letting them focus on what they do best
Ingredients

BASF's personal care innovations and sustainable solutions embrace “Everything is Beauty” at NYSCC Suppliers' Day 2024

BASF will unveil innovative and holistic solutions for both seen and unseen Personal Care challenges in its “Everything is Beauty” campaign at the New York Society of Cosmetic Chemists (NYSCC) Suppliers’ Day 2024 on May 1 and 2 in New York
You need to be a subscriber to read this article.
Click here to find out more.
Ingredients

The ‘mob wife’ trend is reviving big hair, so here are the polymers your styling products need

Rouah Al-Wakeel explores key ingredients in hair products to achieve the voluminous 80’s hairstyles trending on TikTok
Sustainability

Beyond Beauty by BASF: Unlocking the future of personal care

As our world continues to change, awareness of the need to protect the environment, preserve resources and address climate change – now and in the future – is growing
You need to be a subscriber to read this article.
Click here to find out more.
Ingredients

Redensyl and its hair density hero ingredient successors

Cosmetic ingredients to boost hair growth and curb hair loss are seeing strong demand, so what options are available?
You need to be a subscriber to read this article.
Click here to find out more.
Ingredients

Scientists discover why skin itches. What does this mean for beauty?

Amid a new breakthrough linking S. aureus to itching, Cosmetics Business rounds-up existing itch-scratch cycle busting ingredients
Sustainability

BASF, The Estée Lauder Companies, RSPO and Solidaridad support Enhanced Sustainable Palm Oil Production in Lampung, Indonesia

Through Project Lampung, a collaborative sustainability initiative, Solidaridad, BASF, The Estée Lauder Companies (ELC), and The Roundtable on Sustainable Palm Oil (RSPO) have made real progress strengthening the sustainable palm oil supply chain and supporting smallholder farmers
Subscribe now