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
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