26-Jan-2018 - Clariant SE

SABIC acquires 24.99% stake in Clariant

Clariant acknowledges the investment by chemical industry peer and partner SABIC, which has acquired a 24.99% stake in Clariant. The acquisition of these stakes, which were previously held by White Tale and 40 North, makes SABIC the largest Clariant shareholder.

As is customary in the industry, Clariant was informed of SABIC’s intention to acquire the shares prior to the transaction. SABIC is one of the major global chemical companies, with a significant specialty chemicals business and a partner of Clariant in the Catalyst joint venture Scientific Design.

Clariant intends to engage with SABIC over the coming weeks in order to discuss the new situation and explore possible ways to create value. Clariant will also continue the existing dialogue with all its other shareholders.

Facts, background information, dossiers
  • Sabic
  • Clariant
More about Clariant
More about Saudi Basic Industries
  • News

    SABIC and hte announce deepened partnership

    On March 13, 2019, SABIC and hte extended plans for collaboration for five more years to increase efficiency through digitalization and high throughput technologies in catalysis research and development (R&D) in petrochemicals.  Dr. Fahad Al-Sherehy, Vice President, Technology & Innovation, ... more

    Clariant makes a step change into higher value specialties

    Clariant announced an updated strategy and financial outlook as well as the signing of a Memorandum of Understanding with SABIC on a significant collaboration opportunity between the two companies in the area of high performance materials. The Group intends to expand more strongly by focusi ... more

    SABIC demonstrates growth strategy with new research agreement with Swiss university

    Saudi Basic Industries Corporation (SABIC) has further demonstrated its growth commitment by expanding its multi-year agreement with Swiss Federal Institute of Technology (ETH), under an umbrella agreement for multiple future projects in a wide range of areas in technology and innovation. S ... more

  • Companies

    Saudi Basic Industries Corporation (SABIC)

    SABIC is the Saudi Basic Industries Corporation, one of the world’s leading manufacturers of chemicals, fertilizers, plastics and metals. We supply these materials to other companies, who use them to make the products on which the world has come to depend. Ours is the largest and most reli ... more