IHS Chemical Week

Markets :: Fine Chemicals/Biotech :: Pharmaceutical ingredients

SAFC Targets Low Single Digit Growth

12:54 PM MDT | June 2, 2009 | Vincent Valk

Sigma-Aldrich Fine Chemicals (SAFC) is targeting low single-digit growth for 2009, president Gilles Cottier says. While the company, the fine chemicals unit of research outfit Sigma-Aldrich, saw a 5% sales decline in the first quarter, booked orders began to rise in February, and are now at pre-recession levels. This is a leading indicator that business is starting to pick up, Cottier says. Cottier, who told CW in December that SAFC is "looking for long-term [sales] growth of 10%/year," says that the fine chemicals market will be "flat at best, and...

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