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Cognis Sells Botanicals Business to French Firm

10:43 AM MST | March 6, 2009

Cognis says it has sold its botanicals extracts business to Burgundy Botanical Extracts Iberia (Reyssouze, France), for an undisclosed amount. The botanicals extracts business supplies the cosmetics, dietary supplements, and pharmaceutical markets, and it has annual sales of about €9 million. Demand Driver: Auto sector is big...

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