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Cognis Reports Half Year

Posted: August 27, 2008

page 2 of 2

Functional Products saw sales rise by 3.3% to €480 million (organic sales growth of 11.2%). The result reflects good market conditions and strong demand for environmentally sound agricultural products as well as for synthetic lubricants. However, sales growth in North America was mitigated by weaker housing and automotive markets as well as negative influences of the U.S. dollar.