Clariant

Photo
31.07.2024 • News

Clariant & OMV to Collaborate on Low Carbon Footprint Ethylene

Clariant and OMV today announced their intended collaboration for lower carbon footprint ethylene supply. To address growing demand for sustainable options in Europe, this partnership will help both companies meet their sustainability targets and support their customers' carbon reduction strategies.

Photo
04.04.2024 • News

Clariant Completes Acquisition of Lucas Meyer Cosmetics

Clariant, a specialty chemical company, announced it has completed the acquisition of Lucas Meyer Cosmetics, a provider of high-value ingredients for the cosmetics and personal care industry, from IFF for an Enterprise Value (EV) of $810 million (€746 million). The purchase price will be subject to customary net debt and working capital adjustments.

Photo
30.10.2023 • News

Clariant to Acquire Lucas Meyer Cosmetics

Clariant today announced that it has agreed to acquire Lucas Meyer Cosmetics, a provider of high-value ingredients for the cosmetics and personal care industry, from International Flavors & Fragrances (IFF) for a total cash consideration of €765 million ($810 million).

Photo
22.05.2023 • News

Venator in US Chapter 11 Bankruptcy Proceedings

Venator, the Huntsman spinoff that holds the family-owned business’s former titanium dioxide activities, has filed for protection from creditors under the US Chapter 11 bankruptcy code.

Photo
18.04.2023 • News

Clariant Officially Opens Chinese Catalyst Site

With much fanfare, Swiss specialty chemicals producer Clariant has opened a new production facility for its Catofin-branded catalysts completed late last year at Jiaxing in China’s Zhejiang Province.

Photo
06.04.2023 • News

Clariant Closes Sale of Land Oil Business to Dorf Ketal

Clariant closed on Apr. 3 the sale of its North American land oil business to Indian specialty chemicals manufacturer Dorf Ketal for $14.5 million. The Swiss group said the divestment is a further step to structurally improve its portfolio and sustainability profile.

Photo
16.12.2022 • News

Clariant Expands Care Chemicals in China

Specialty chemicals producer Clariant said it will invest 80 million Swiss francs to increase output of existing products in the portfolio it manufactures at Daya Bay, Huizhou, China, as well as introducing new products there by the end of 2024.

Photo
14.12.2022 • News

Clariant Books Impairment Charge on Sunliquid Plant

Specialty chemicals producer Clariant is taking an impairment charge of around 225 million Swiss francs on its sun-liquid branded bioethanol plant that started up at Podari, Romania, in the second quarter.

Photo
15.09.2022 • News

Global Amines Commissions Indonesia Plant

Singapore’s Global Amines – a joint venture between compatriot company Wilmar and Switzerland’s Clariant – has successfully started up a new fatty amines plant in Surabaya, Indonesia.

Photo
05.09.2022 • News

Clariant Sells Quats to Global Amines

Clariant has agreed to sell its quats business to Singapore’s Global Amines for $113 million. Global Amines is a 50:50 joint venture between Clariant and Singapore-based agricultural and oleochemicals company Wilmar.

Photo
30.05.2022 • News

Clariant and Lummus Win China PDH Project

Swiss specialty chemicals producer Clariant and its process partner, US engineering technology giant Lummus, have been tapped by Fujian Meide to supply the Catofin technology and catalysts for a new propane dehydrogenation plant (PDH) the subsidiary of Zhongjing Petrochemicals will operate in Fuzhou, China.

Photo
28.04.2022 • News

Clariant Concludes Accounting Probe, Names new CFO

Swiss specialty chemicals producer Clariant has wrapped up an internal investigation into accounting irregularities in its 2020 financial results, unveiled minor adjustments to that year’s originally stated figures and published preliminary earnings figures for 2021, which it had held back pending completion of the probe.

Photo
21.04.2022 • News

Clariant and Technip Energies in Sunliquid Alliance

Swiss chemicals company Clariant has entered into a cooperation agreement for its Sunliquid cellulosic ethanol technology with Technip Energies. The technology converts agricultural residues, woody materials or municipal solid wastes into cellulosic sugars, which are then fermented into cellulosic ethanol.

Photo
18.02.2022 • News

Clariant Struggles with Accounting Irregularities

Swiss specialty chemicals producer Clariant is struggling to get to the bottom of an internal scandal that has shaken the confidence of investors at a time when the company was seeking to get back on message after several years of pressure from activist investors, and unsuccessful mergers and asset sales.

Photo
08.02.2022 • News

Clariant to Sell Scientific Design Stake to SABIC

Clariant has signed definitive agreements to divest its 50% stake in the joint venture that owns Scientific Design Company to its long-term joint venture partner, SABIC. The Saudi group will execute a call option raised in 2015 to acquire the stake in the business bought by Germany’s Süd-Chemie in 2003 prior to its acquisition by Clariant.

Photo
06.01.2022 • News

Heubach and SK Complete Clariant Pigments Buy

Germany‘s Heubach Group and US private equity investor SK Capital Partners have completed their acquisition of Clariant’s global colorants business and integrated it into a new Heubach Group. The share of the Clariant pigments business in Infraserv Höchst, which operates the chemical park at Frankfurt, Germany, was not part of the deal that valued the pigments portfolio at 800-855 Swiss francs.

Photo
03.01.2022 • News

BASF to Sell Attapulgite Business to Clariant

BASF is selling its US-based attapulgite business to Clariant for $60 million. The deal expected to close in summer 2022 following regulatory approval also includes the transfer of a production facility at Quincy in the state of Florida.

Photo
17.12.2021 • News

Clariant Joins German Hydrogen Project

Clariant Catalysts is participating in Germany’s TransHyDE project AmmoRef, which aims to develop technologies and catalysts for ammonia cracking to facilitate future hydrogen transport.

Photo
15.10.2021 • NewsStrategy

A Pivotal Move to Net-Zero

Leading global chemical companies and the World Economic Forum (WEF) have announced that they are entering an agreement to formalize the Low-Carbon Emitting Technologies (LCET) initiative into a stand-alone entity by the end of 2023, to share early-stage risks and co-invest in developing and upscaling low-carbon emitting technologies.

Photo
25.08.2021 • News

Clariant Acquires Remaining 70% of Beraca

Swiss specialty chemicals producer Clariant has agreed to acquire the remaining 70% of Brazilian Personal Care Specialties company Beraca after taking a 30% stake in 2015. Seller is the founding Sabará family. Financial terms of the acquisition expected to close in this year’s fourth quarter were not disclosed.

Photo
30.07.2021 • News

Clariant Hikes Catalysts Output in Germany

Clariant has expanded and enhanced capacity for emission control catalysts at its plant in Heufeld, Germany, in order to meet growing demand worldwide, and especially in China.

Photo
15.06.2021 • News

Clariant to Merge Pigments with Heubach Group

In a somewhat unusually structured deal, Swiss specialty chemicals producer Clariant has reached a definitive agreement with a consortium of Heubach Group and private equity investor SK Capital Partners to unload most of its pigments business. Following completion of the transaction, expected in the first half of 2022, Clariant will reinvest in the business, taking a 20% share. The shares of the other partners have not been revealed.

Photo
03.06.2021 • NewsStrategy

On the Way to Climate Neutrality

The EU Commission’s ambitious plan for a European Green Deal, launched shortly before the pandemic struck in early 2020, aims to make the continent the world’s first climate-neutral region by 2050. The goals spelled out in January last year call for reduction of greenhouse gas emissions by at least 50% up to 2030, compared with 1990 levels.

Photo
29.03.2021 • News

Clariant Opens Catalyst R&D Center in China

Clariant Catalysts has opened a new R&D center at its One Clariant Campus (OCC) in Shanghai. The research unit is part of the Swiss specialty chemicals producer’s new Innovation Center China in the east coast metropolis. The company counts itself among a handful of international players to have built a full-fledged comprehensive catalyst research unit in China.

Photo
17.03.2021 • News

CO2-Neutral Chemical Industry

The European Chemical Industry has set out on an ambitious path to become carbon neutral. Germany, as one of the major chemical manufacturing nations, has committed to achieve this goal by 2050.

Photo
17.03.2021 • News

Clariant and India Glycols Form Renewables JV

Clariant and India Glycols Limited (IGL) are forming a joint venture for renewable ethylene oxide (EO) derivatives. To support production, IGL has entered into long-term supply agreement for EO made from bio-ethanol as well as further utilities.

Photo
10.02.2021 • News

Clariant Finances Catalyst Research at ETH Zurich

Clariant has signed a cooperation agreement with the Swiss Federal Institute of Technology (ETH Zurich) to support research in catalysis and sustainable chemistry. It is providing the university with what it says is “a significant financial contribution” over an initial period of ten years. Terms were not disclosed.

Photo
10.12.2020 • News

Conrad Keijzer Named new Clariant CEO

The board of directors at Swiss specialty chemicals producer Clariant has tapped Conrad Keijzer to be the company’s new CEO. The 52-year-old Dutch citizen will take up the job on Jan. 1, 2021, and interim CEO Harriolf Kottmann will again focus on his duties as chairman of the board.

232 more articles

Interview

Specialty Chemicals in a Shifting World
Adapting to Tariffs and Strengthening Regional Networks

Specialty Chemicals in a Shifting World

Jennifer Abril, President & CEO of SOCMA, discusses the impact of new tariffs and the importance of regional supply networks in the specialty chemical industry.