Formulation & Science

Degussa set for steady growth

Degussa set for steady growth

First quarter sales at the German speciality chemicals company
remained steady and earnings before interest and taxes rose 10 per
cent on the prior year, giving chairman Professor Felcht cause for
an optimistic outlook for 2003.

Climate knocks 1Q for Henkel

Climate knocks 1Q for Henkel

In the first quarter of fiscal 2003, German pharmaceutical group
Henkel increased sales, adjusted for foreign exchange effects by
2.8 per cent, over the prior-year period to €2.3 billion. Before
adjustment, sales were 3.1 per cent...

Henkel buys stake in Wella

Henkel buys stake in Wella

German pharmaceutical group Henkel has acquired a stake of 6.86 per cent in the
share capital of Wella. Through a subsidiary, the group obtained
4.99 per cent of the common shares and 10.38 per cent of the
preferred non voting shares.

Fragrance merger takes form

Fragrance merger takes form

Symrise - the new fragrance and flavour synergy. Just four months
after the European Commission gave equity group EQT the all clear
to buy two leading German-based fragrance and flavour producers -
Haarmann & Reimer and Dragoco...

Unilever sells Elizabeth Arden

Unilever sells Elizabeth Arden

Unilever today announced that it has signed a definitive agreement
to sell its Elizabeth Arden business, brands and certain assets to
FFI Fragrances based in Miami Lakes, Florida, USA, for a
consideration of approximately $225 million...

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