 Home > Chemicals Industry > International Chemical > Issue 1 2020 - Clariant to sell its Masterbatches business for USD 1.5 billion

Issue 1 2020 - Clariant to sell its Masterbatches business for USD 1.5 billion

 Last Update: 2022-11-11
 Source: Internet
 Author: User

Tags

clariant masterbatches

medical

executive board member

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

Clariant to sell its Masterbatches business for $1.
5 billion Cleariant has agreed to sell its global Masterbatches business
(excluding India) to Polyone for $1.
5 billion, with expected payment upon completion of the transaction in the third quarter of 2020
.
In addition, the Board of Directors of Clariant Chemicals (India) Limited approved the sale of Clariant's masterbatches business in India for approximately USD 60 million
.
Both transactions are subject to customary closing conditions and regulatory approvals
.

Hariolf Kottmann, Executive Chairman of Clariant, said, "This sale is an important milestone
for us.
Following the successful divestiture of the medical packaging business in October 2019, the sale of the Masterbatches business is an important step towards
achieving the strategy we identified in 2015.
”

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

Bumetrizole

CAS No.: 3896-11-5

top

$3.12/KG EXW

Drometrizole

CAS No.: 2440-22-4

top

$3.14/KG EXW

Octocrilene

CAS No.: 6197-30-4

top

$3.21/KG EXW

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

single use technology(195)

announcements today(81)

ups united states(221)

united states logo(227)

80 20 company(94)

healthy food name(42)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.