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People & Business :: Companies
Cognis Oleochemicals Renamed Emery Oleochemicals
6:03 AM MDT | May 20, 2009 | Deepti Ramesh
Sime Darby Plantation (Kuala Lumpur) and PTT Chemical International (Singapore), a subsidiary of PTT Chemical (Bangkok) have rebranded and renamed their Cognis Oleochemicals joint venture as Emery Oleochemicals (Selangor, Malaysia). Cognis sold its 50% stake in Cognis Oleochemicals, an equally owned joint venture with Sime Darby Plantation, to PTT Chemical International in July 2008. PTT Chemical International completed the acquisition of the 50% stake in Cognis Oleochemicals in November 2008 and the new branding follows the joint venture agreement with Sime...
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