Clariant and Dorf Ketal announced a definitive agreement for Dorf Ketal to acquire Clariant’s North American (NORAM) Land Oil business, a provider of chemical technologies and services to the North American oil and gas industry. The transaction announced today is subject to regulatory and other customary closing conditions and is expected to be finalized during … Read more
The Heubach Group and SK Capital Partners announced the completion of the acquisition of Clariant’s Global Colorants Business. The combined business will operate under the Heubach brand, creating a global pigment technology and industry leader. The newly combined Heubach Group is a leading global provider of comprehensive color solutions, supplying a broad portfolio of organic, … Read more
Clariant Catalyts has teamed up with Linde Engineering to develop new catalysts for the oxidative de-hydrogenation of ethane (ODH-E), an innovative, low-emissions catalytic technology for the production of ethylene. The novel catalyst is a step change in selectivity and productivity, now making ethylene production via ODH-E commercially feasible. Clariant’s ODH catalysts are available exclusively for … Read more
Specialty chemicals major, Clariant is selling its pigments business to a consortium consisting of pigment maker Heubach Group and private investment firm SK Capital. The combined business will operate under the Heubach name and create a leading global pigments business with annual sales of more than EUR 900 million ($1.09 billion). The transaction values Clariant … Read more
Clariant AG and India Glycols Limited (IGL), a leading company in the manufacturing of green technology-based chemicals, announced a strategic partnership to establish a 51-49% joint venture in renewable ethylene oxide (EO) derivatives. Under the terms of the proposed agreement, India Glycols will contribute its renewable Bio-EO Derivative business to the joint venture, which includes … Read more
Clariant’s Business Line Biofuels and Derivatives announced that a strategic partnership has been formed with Chemtex Global Corporation for the realization of second-generation biofuel projects. Under the partnership, the two parties will collaborate to market and sell Clariant’s sunliquid technology licenses, as well as services and supplies for advanced biofuel plants in China. As the … Read more
The European Commission has fined Orbia, Clariant and Celanese a total of € 260 million ($296 million) for breaching EU antitrust rules. Westlake was not fined as it revealed the cartel to the Commission. The companies took part in a cartel concerning purchases on the ethylene merchant market. They colluded to buy ethylene for the … Read more
Munich, July 9, 2020 – Clariant has joined forces with Ineratec in the challenge for a greener future. The companies have entered a partnership to develop and commercialize novel technologies for the production of renewable fuels and chemicals. Clariant will provide its extensive catalysis expertise and broad portfolio of syngas conditioning and upgrading catalysts to … Read more
PolyOne Corporation, a leading global provider of specialized polymer solutions, has completed its purchase of the color masterbatch businesses of Clariant and Clariant Chemicals India Ltd. PolyOne also announced that it has changed its name and will now be called Avient. “We proudly welcome our newest associates and valued customers from Clariant Masterbatch. They are … Read more
Clariant India said it has been making sanitiser solutions from its facilities in India. Clariant’s sites across Roha (Maharashtra); Bonthapally (Telangana); Rania, Vadodara and Cuddalore (Tamil Nadu) are commited to supply the necessary products that are required for the healthcare facilities, the company said in a statement. Clariant’s site in Cuddalore has produced a total … Read more
Clariant Chemicals India Limited announced that it has restarted operations at its production facilities in the country, following the partial relaxations from COVID – 19 related Nationwide Lockdown by Government of India. Clariant’s production facilities situated in Maharashtra, Gujarat and Tamil Nadu are back in partial operation with limited capacity and will continue with partial … Read more
Clariant and Floreon-Transforming Packaging Limited announced a new collaboration to further extend the performance properties and market potential of biopolymers. By combining the benefits of Clariant’s additives with Floreon’s proprietary material solutions, the partnership aims to open up additional opportunities for plastic manufacturers and brand owners to consider biopolymers as a viable, low-carbon alternative to … Read more
SABIC (Saudi Basic Industries Corporation) said on Tuesday that it had raised its stake in specialty chemicals maker Clariant. The state-owned company now owns 31.5% in Clariant, up from 24.99% previously, it said in a filing. The increase in stake holding was just short of the one-third ownership that would trigger a mandatory offer for … Read more
PolyOne Corp. announced that it had made a deal with Clariant AG to buy its masterbatches business for $1.45 billion. The deal is set for completion in the third quarter of 2020. The transaction values the Clariant business at $1.56 billion, representing roughly 11.1 times the annual earnings before interest, taxes, depreciation and amortization (EBITDA). … Read more
Clariant AG is in talks to sell its masterbatch unit to U.S. specialty materials maker PolyOne Corp., according to a report by Bloomberg. Clariant has been seeking about $1.5 billion for its Masterbatches business, which makes colorants and optical brighteners for polymers, according to the report. While discussions with PolyOne are the most advanced, the … Read more
Clariant and SABIC have agreed to temporarily suspend the discussions on the intended business combination High Performance Materials (HPM), consisting of Clariant’s Additives and high value Masterbatches and parts of SABIC’s Specialties business. The JV talks with Saudi Basic Industries (SABIC) had been shelved due to differences over price, which comes as a further setback … Read more
Clariant today announced that it will be collaborating with its engineering partner, Wuxi Xiyuan, in two new projects to supply their joint formaldehyde production technology. The new contracts, awarded by Shandong Yushiju Chemical and Shandong Sunny Wealth New Materials, will grow the number of customers using the partners’ advanced technology to six in a short … Read more