Cognis Opens New Affiliate in Malaysia
January 6, 2010
MONHEIM, Germany - On Jan. 1, 2010, specialty chemicals supplier Cognis opened an affiliate in Selangor, Malaysia. Cognis Malaysia Sdn. Bhd. is a wholly owned subsidiary of the Cognis Group. The aim is to accelerate the group’s growth in the region by improving the level of service it offers to customers there. The decision to open an affiliate in Malaysia reflects the country’s strategic importance to Cognis.
The Asia-Pacific region is now Cognis’ third-biggest market after Europe and North America. The founding of a dedicated Malaysian affiliate is in keeping with the company’s focus on high-growth markets driven by the wellness and sustainability trends. It represents a significant milestone in Cognis’ activities in the Malaysian market, which has experienced rapid growth in recent years. Cognis Malaysia will employ technical and commercial managers to work on behalf of all three of the company’s strategic business units: Care Chemicals, Nutrition and Health, and Functional Products.