SAFC Targets Low Single-Digit Growth

Sigma-Aldrich Fine Chemicals (SAFC) is targeting low single-digit growth for 2009, president Gilles Cottier told an audience at a press briefing in New York late last month. SAFC’s sales declined 5% in the first quarter to $135.6 million. Cottier: Trimming labor costs. The fine chemical market will be “flat, at best, and probably decline” this year, Cottier says. However, SAFC’s booked orders began to rise in February and are now at pre-recession levels, which is an indication that business is starting to pick up, he says. The company is...

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