Home / Knowledge / News / Textiles / Cognis opens affiliate in Mumbai
Cognis opens affiliate in Mumbai
19
May '09
Cognis has opened an affiliate in Mumbai, India. As of today, Cognis India will be a wholly-owned subsidiary of the Cognis Group, and will operate under the name of Cognis Specialty Chemicals Pvt. Ltd. Cognis first opened a liaison office in India in February 2008, with the aim of bringing the company closer to its customers in the region and gaining a greater understanding of local markets. The new affiliate will continue to grow Cognis' business in India, and highlights the importance of this region.

Cognis is a global supplier of innovative ingredients for products such as personal and home care, agriculture, coatings, lubricants, food ingredients, pharmaceuticals, and dietary supplements. Cognis' success is based upon its focus on high-growth, high-demand areas which are driven by the wellness and sustainability trends. This is why the company is increasingly devoting resources to its operations in the Asia-Pacific region, which is now its third biggest market after Europe and North America. India is one of the world's most important emerging markets, and this is why Cognis opened the liaison office there in 2008.

Since it was established, the office has helped Cognis gain a greater understanding of the Indian market, as well as enabling it to anticipate developments there more quickly. It has also helped strengthen relationships with existing customers, distributors and suppliers, identified and initiated new business opportunities, and raised awareness of Cognis' products and services in local markets.

The decision to found the new affiliate marks another milestone for Cognis in realizing business opportunities within the Indian market. It also reflects the success of the liaison office, as well as the significant growth achieved by Cognis in India in the last few years. For example, in 2008, Cognis' sales in India grew by some 30 percent.

Cognis India will employ technical and commercial managers to work on behalf of all three of the company's strategic business units – Care Chemicals, Nutrition & Health, and Functional Products. To demonstrate product benefits and answer questions on application technologies onsite, Care Chemicals and Functional Products will also establish technical service facilities in India. To grow Cognis' business in India, the company will continue to explore options for establishing local sourcing and production facilities.

Guido Appl, General Manager of Cognis India, comments: “We still see India and the whole Asia-Pacific region as a market with significant growth potential that fits perfectly with Cognis' strategy. Many of our existing and potential customers are also exploring business opportunities in India, and our direct links in the country have enhanced our customers' confidence and helped us give them the competitive edge they need to succeed. Opening the liaison office proved to be a valuable strategic step, and showed the potential within this market, which in turn prompted our decision to establish a full affiliate.”

Cognis

Must ReadView All

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Textiles | On 25th Mar 2017

MEGlobal to build first ever US MEG plant

Monoethylene glycol (MEG) producer MEGlobal plans to construct a new...

Courtesy: Ulster Carpet

Textiles | On 25th Mar 2017

Ulster Carpets acquires Griffith Textile Machines

Northern Ireland based manufacturer of carpets, Ulster Carpets said...

Interviews View All

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search