Clariant Profile
Clariant AG, together with its subsidiaries, develops, manufactures, distributes, and sells specialty chemicals worldwide. The company operates through four segments: Care Chemicals, Catalysis, Natural Resources, and Plastics & Coatings.
Care Chemicals
This segment includes the Industrial & Consumer Specialties (ICS) BU, food additives as well as the future Industrial Biotechnology business. It demonstrates a clear focus on highly attractive, high-margin, and low-cyclicality segments.
Catalysis
This segment develops, manufactures, and sells a wide range of catalyst products for the chemical, fuel and automotive industries.
Natural Resources
This segment includes BUs Oil & Mining Services and Functional Minerals, is characterized by high growth and low cyclicality, as well as strong megatrend orientation.
Plastics & Coatings
This segment includes the BUs Additives, Pigments and Masterbatches.
Strategy
The company’s strategy is to focuse on leading in innovation, close partnership with process technology licensors, executive customized strategy.
Acquisitions
In 2016, the company acquired from Arsenal Capital Partners 100% of of Kel-Tech Inc., which manufactures and supplies specialty chemicals for production, field stimulation and drilling applications in the oil-service business throughout onshore United States.
In 2016, the company acquired from NCH Corporation the activities of X-Chem LLC, which is a provider of specialty oilfield chemicals for the production, completion and stimulation of oil wells, gas wells and pipelines focused on land and offshore United
States
Disposition
In December 2016, the company sold its 100% shareholding in Clariant Insurance Ltd (Liechtenstein) to R&Q Insurance (Malta)
Ltd.
History
Clariant AG was founded in 1995.
