Clariant AG revealed on Monday it has reached a deal with Heubach Group and SK Capital Partners to sell its pigments business for between 805 and 855 million Swiss francs (~$951.27 million).
"Now our focus can fully be on growing revenue and profitability of our core business areas: Care...
Saudi Basic Industries Corporation (SABIC) asked Clariant AG, in which it holds a majority stake, to implement a 12-year term limit for board members.
If accepted at the general shareholder meeting in April, the request will mean the end of the board Chairman Hariolf Kottmann's term....
Swiss multinational chemicals company Clariant announced on Wednesday its rightsizing program that would result in the reduction of 1,000 positions in the service and the regional structures of the company.
According to the official press release, the company decided to save 70 million Swiss francs...
Polymer materials and services provider PolyOne Corporation announced on Thursday that it will acquire color and additive masterbatch businesses from Swiss chemicals company Clariant AG and its subsidiary Clariant Chemicals India Ltd.
The combined value of the transaction is estimated at...
Chief executive officer of Saudi Basic Industries Corp. (SABIC), Yousef al-Benyan, said on Sunday that his firm is no longer interested in forming a joint venture with Clariant, a Swiss-based specialty chemicals company. SABIC has a 25% stake in Clariant and still considers it "a long term strategic...
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