Cognis opens new affiliate in Malaysia
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, so it was a logical step for the
company to devote more resources to its operations in this
region. 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 & Health, and Functional
Products.
Jimmy Lau, Legal Representative of Cognis Malaysia, comments:
“We believe that Malaysia and the whole Asia-Pacific region has
significant growth potential that is fully in line with Cognis’
strategy. By opening an affiliate in Malaysia, we want to gain a
deeper understanding of the local market and be closer to our
customers. We aim to double Cognis’ sales in Malaysia over the
next five years by helping our customers to gain the competitive
edge they need to succeed.”
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