Clariant is a global speciality chemicals company that operates more than 100 group companies on five continents. Headquartered in Muttenz near Basel, Switzerland, it generated sales of approximately SF8bn in 2008, and had around 20,102 employees.
Through the acquisition of the British fine chemicals producer, BTP, in early 2000, Clariant also manufactures intermediates and active ingredients for the pharmaceutical and agrochemical industries.
History
Clariant grew from the Sandoz Chemicals division, which was floated on the stock market as a spin-off in the summer of 1995. German based Hoechst's Speciality Chemicals business was integrated in the summer of 1997.
Company movements
In September 2009, Clariant said it will sell its US-based specialty silicones business to GenNx360 Capital Partners. For more on this please see Clariant to sell US specialty silicones business on ICIS news.
In March 2009, Clariant said that it will separate its textile, leather and paper (TLP) chemicals business into stand-alone entities by the end of 2009.
The company has four divisions:
Textile, Leather and Paper Chemicals
This division's business units are Textile, Paper and Leather. This sector was established on the merger of Clariant and Hoechst in 1997. Based in Muttenz, Switzerland, the company has been in the business of speciality chemicals and dyes for more than 100 years. The company makes dyes and chemicals for the textile, leather and paper industries.
Pigments and Additives
The Pigments & Additives division is headquartered in Sulzbach (near Frankfurt/Main), Germany. It is a producer of organic pigments aimed at the paints, lacquers, coatings, plastics and automotive markets.
Masterbatches
This division has its headquarters in Muttenz, Switzerland and supplies value-added and environmentally friendly additives for the plastics industry and producers of polish coating systems. It is organised into business units covering Europe North, Europe West, Europe South, Special Markets, Asia, North America and Latin America.
Functional Chemicals
The Functional Chemicals division is headquartered in Sulzbach, Germany and offers a range of surfactants and specialities. Key markets are detergents, cosmetics and petroleum. This sector manufactures its products in three business units: Detergents, Performance Chemicals and Process Chemicals.
The Specialty Intermediates Business of the discontinued Life Science Chemicals division has been integrated into the Functional Chemicals Division.
Clariant International
Strategy & Financial Highlights
Clariant will focus on three main areas: Clariant versus the industry, Clariant as seen by its customers and Clariant as seen by its employees. Clariant has launched its “Clariant 2010 – Launching world-class performance” strategy. (Edited from “Outlook” and annual report). ICIS also provides you with key financial data listed in table form.
More about Clariant International Strategy & Financial Highlights
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