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The Swiss specialty chemicals group Clariant has signed an agreement to acquire the remaining 40 percent share of a joint venture between the Holding company Alvigo AS, based in Tallin/Estonia and Süd-Chemie AG, in the meantime acquired by Clariant AG. The Süd-Chemie Alvigo Catalysts GmbH (SCAC) is a leading producer of syngas catalyst, based in the Ukraine. The signing of the transaction took place at the end of June, closing is subject to merger control approval. The purchase price has not been disclosed.
Clariant to increase mild surfactants capacity in Europe and USA
Clariant is expanding production capacity for its isethionates derivatives - Hostapon SCI - mild surfactants to support the increasing shift by personal care formulators and brands towards using mild surfactants to differentiate applications. It also supports the growing consumer trend for ... more
Clariant has agreed to sell its Masterbatches business for approx. USD 1.6 billion
Clariant has agreed to sell its entire Masterbatches business to PolyOne. The transaction values the Masterbatches business at USD 1,560 million, representing c. 12.2 times the last twelve months reported EBITDA (ending September 2019) on a cash and debt free basis. This amount is payable a ... more
Clariant grows sales and improves underlying profitability
Clariant announced nine months 2019 continuing operations sales of CHF 3.272 billion compared to CHF 3.278 billion in the first nine months of 2018. This corresponds to an organic growth of 3 % in local currency and a stable development in Swiss francs. Both higher volumes and pricing contr ... more
Süd-Chemie AG and ALVIGO AS have jointly formed Süd-Chemie Alvigo Catalysts GmbH. Based on the financial investment contributed by Süd-Chemie, Süd-Chemie holds a 60% share in the joint venture, which has taken over ALVIGO's entire catalyst business. The main activities acquired include the ... more
