Puratos Group announced its estimated 2011 results, posting 11 percent organic sales growth due to increased investments in production, R&D and customer support, along with a strong product portfolio.

Although Puratos experienced slower volume growth and steep increases in the price of raw materials amid challenging market conditions, the company also reduced operational costs by 2 percent on net sales. In 2011, Puratos recorded its highest investments ever with a focus on the BRIC countries and the United States.

Puratos signed a $150 million long-term financing agreement with U.S. insurance company Pricoa Capital Group to help cover its long-term investment efforts.

“We are very pleased with the expected results,” Daniel Malcorps, CEO of Puratos Group, said in a press release. “2011 has been a very tough and challenging year. The business environment is clearly becoming more challenging in the wake of the current economic uncertainty and volatility, but Puratos feels it can withstand this successfully thanks to our strong and innovative product portfolio, our diverse customer base and our presence in strong growth markets.”