Clariant Completed Sale of North American hydrosulfite business
The sodium hydrosulfite semispecialties business is part of the Paper Business Unit within the Textile, Leather and Paper Chemicals division. Sodium hydrosulfite is used mainly as a bleaching agent in the paper industry. In 2001 the North American hydrosulfite business generated sales of about CHF 120 million.
With the sale of the North American sodium hydrosulfite product line Clariant follows its strategy to create value through focused diversification by active portfolio management, concentrating on higher value added businesses in sustainable growth areas.
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