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Novecare provides high-performance products and solutions to a wide range of industries including cosmetics, detergents, agrochemicals and oil, as well as industrial applications. Novecare's Home & Personal Care and Agro segments demonstrated resilience while Oilfield and Industrial applications experienced a slowdown. The enterprise demonstrated good pricing power, with price increases amounting to 8% overall, more than offsetting increases in raw material costs. The enterprise completed the acquisition of McIntyre [Focus on Surfactants, Apr 2009] -its integration has started well and is proceeding smoothly. Novecare is confident in its ability to achieve the expected synergies by 2011. Looking forward, Home & Personal Care and Agro activities should remain resilient whereas Oilfield activities continue to deteriorate and no recovery is perceivable so far in the Industrial segments
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Corp's sales from its fabric and home care segment rose to Yen 65 bn in 1Q FY 2009 (three months ended 30 Jun 2009) from Yen 63.9 bn in 1Q FY 2008 (period ended 30 Jun 2008), while operating income increased to Yen 12.5 bn from Yen 10.3 bn. Japanese sales of fabric care products were firm with the l
biological agriculture (BioAg) delivered higher growth than expected. Biopharmaceutical ingredients (BPI) experienced a decline of 1% in LCY. Financial results data are tabulated and graphically illustrated.
increase in organic sales was attributable to the growth regions of Eastern Europe, Africa/Middle East and Latin America which, in some cases, posted double-digit percentage improvements. In Western Europe and North America, on the other hand, the difficult market environment impeded sales performan