Houston, TX, November 2, 2016 – Clariant, a world leader in specialty chemicals, today announces a number of investments which increase the footprint of its Mining Solutions business and further improve its product portfolio, customer base and technical expertise.
- Acquisition of Chemical & Mining Services, Pty. Ltd.
- Acquisition of certain assets from SNF Flomin
- Expanded facilities in North America strengthen research and production capabilities
The company has agreed to acquire Chemical & Mining Services, Pty. Ltd, a provider of specialty chemicals and technical services to mining industry clients located primarily in Australia. Clariant has also acquired the specialty mining chemicals business from SNF Flomin, a US-based subsidiary of the SNF Group which manufactures and distributes reagents for the minerals processing industry. No further terms of both acquisitions are to be disclosed.
Additionally, Clariant Mining Solutions has opened a new facility and expanded one of its current facilities in North America. The company has inaugurated the Mining Application and Development Center in Tucson, Arizona and it is now the regional hub for mining research. The close proximity of Clariant to key mining customers will allow for more and better cooperation on customized products and solutions. Furthermore, its current facility in Reserve, Louisiana, has been expanded and is now able to also blend chemicals for the mining industry. The additional production location allows Clariant to improve its customer service thanks to a stronger and more secure supply chain.
"These investments strengthen our global position as a leading supplier of specialty chemicals to the mining market. Chemical & Mining Services current business and products are a complementary strategic fit to our own and also provide us with specialized technical expertise. SNF Flomin, while US-based, supplied to customers worldwide and thus allows us to expand geographically and serve our customers with an increased product and service portfolio. Finally, the investments in North America enable us to become a stronger player in this region's mining market and better support our customers by stepping up both our research and supply chain capabilities" said John Gordon, Global Head, Clariant Mining Solutions.