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146 Current news of Clariantrss
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Appointment of Stefan Doboczky as Chief Executive Officer
The Heubach Group and SK Capital Partners announced the completion of the acquisition of Clariant’s Global Colorants Business (“Clariant Pigments”). The combined business will operate under the Heubach brand, creating a global pigment technology and industry leader. The newly combined Heubach ...
Hydrogen to be converted to ammonia to facilitate transportation then reconverted at the point of use
Clariant Catalysts’ role in the so-called “green hydrogen revolution” continues to grow. The company is now participating in Germany’s prestigious TransHyDE project AmmoRef, which is tasked to develop process technologies and catalysts for ammonia cracking to facilitate future hydrogen transport, ...
Closing anticipated in the first half of 2022
Clariant announced that it has reached definitive agreements for the divestment of its Pigments business to a consortium of Heubach Group (“Heubach”) and SK Capital Partners (“SK Capital”) at an Enterprise Value (EV) of CHF 805 million to CHF 855 million on a cash and debt free basis, depending ...
Hariolf Kottmann to focus on his role as Chairman of the Board of Directors
Clariant announced that Conrad Keijzer will become Clariant’s new Chief Executive Officer. The Board of Directors has appointed him in its meeting. Conrad Keijzer will officially join the company as of January 1, 2021. Executive Chairman ad interim Hariolf Kottmann will then return to his ...
Additional capacity available early 2021
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 ...
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 at ...
Clariant announced nine months 2019 continuing operations sales of CHF3.272billion compared to CHF3.278billion 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 contributed ...
Clariant announced it will significantly expand the capacity of its catalysts production facility in Panjin, Liaoning province, Northeast China. A double-digit CHF million investment will further optimize the existing facility and enable the creation of a new state-of-the-art production line for ...
Clariant announced that Christian Kohlpaintner, Member of the Executive Committee, decided to resign from his position effective June 30, 2019, to take on new challenges outside the company. Christian Kohlpaintner led the growth Business Areas Care Chemicals, Catalysis and Natural Resources and ...
Clariant received a World Procurement Award 2019 in the category “Supplier Risk Management”. This marks the second recognition for Clariant’s procurement practices in 2019, as the company won an EcoVadis Sustainable Procurement Leadership award in March for having the “Best Internal Stakeholder ...