Investor News
| April 25, 2018 |
Clariant starts 2018 with significant growth in sales and EBITDA"In the first three months of 2018, Clariant delivered very good 7 % growth, both in sales and profitability", said CEO Hariolf Kottmann. "All our Business Areas contributed to this progress which was mainly driven by volumes. The turnaround of the Catalysis business has been confirmed and also the Oil & Mining Services business is showing signs of improvement, while Care Chemicals continued its excellent development and Plastics & Coatings is performing in line with expectations. For 2018, we are on track to achieve our targets." more |
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| March 19, 2018 |
Clariant's shareholders approve all agenda itemsMuttenz, March 19, 2018 – At today's Annual General Meeting in Basel, the shareholders of Clariant AG, a world leader in specialty chemicals, approved all agenda items and resolutions proposed by the Board of Directors. The meeting was attended by 494 shareholders and shareholder representatives accounting for 150 829 734 shares or around 45.44 % of the share capital of Clariant. more |
| February 26, 2018 |
Clariant publishes its Integrated Report 2017Muttenz, February 26, 2018 – Clariant, a world leader in specialty chemicals, today announced the publication of its Integrated Report 2017. The report combines financial and non-financial elements to provide an in-depth view of Clariant's holistic approach to creating added value for customers, employees, shareholders, and the environment. more |
| February 14, 2018 |
Clariant significantly increases growth and further improves profitability in 2017"Clariant delivered exemplary top-line growth and absolute EBITDA improvement in 2017," said CEO Hariolf Kottmann. "The results are particularly encouraging as all Business Areas contributed to this expansion. Clariant continues to consistently and successfully deliver on its strategy and is well on track to achieve its goals. We are making progress based mainly on our innovation and sustainability positioning. For 2018, we are confident that we will further grow in local currency, operating cash flow and profitability." more |
| January 25, 2018 |
SABIC acquires 24.99% stake in ClariantMuttenz, January 25, 2018 – Clariant, a world leader in specialty chemicals, today acknowledges the investment by chemical industry peer and partner SABIC, which has acquired a 24.99% stake in Clariant. The acquisition of these stakes, which were previously held by White Tale and 40 North, makes SABIC the largest Clariant shareholder. more |
| November 24, 2017 |
Clariant's Board of Directors representatives met with White TaleMuttenz, November 24, 2017 – Clariant, a world leader in specialty chemicals, today announced that representatives of its Chairman and Nomination Committee met with White Tale in Zurich, Switzerland. The meeting was initiated in order to identify possible ways to work together following the mutual termination of the merger agreement between Clariant and Huntsman. Yesterday the Board of Directors met and discussed the content and topics of the meeting held earlier in the week and decided on the way forward. more |
| November 24, 2017 |
Clariant announces plan to update its strategy to further enhance growth and value creationMuttenz, November 24, 2017 – Clariant, a world leader in specialty chemicals, today announced that its Board of Directors has approved the Executive Committee's proposal to update Clariant's strategy in order to further increase value creation. The plan was developed as a consequence of the termination of the intended merger with Huntsman, which was forced by activist shareholders. more |
| October 31, 2017 |
Clariant to build flagship sunliquid® cellulosic ethanol plant in RomaniaClariant, a world leader in specialty chemicals, today announced the approval by the Board of Directors to invest in a new full-scale commercial plant for the production of cellulosic ethanol from agricultural residues using its sunliquid® technology. The new plant, with an annual production capacity of 50.000 tons, will be built in the southwestern part of Romania. The facility will be a flagship site, confirming competitiveness and sustainability of the sunliquid® technology at commercial scale thus supporting Clariant's sunliquid® licensing business strategy. more |
| October 31, 2017 |
Clariant again grows sales, increases profitability and is well on track to meet 2017 outlook"Clariant continues to consistently and successfully deliver on its strategy. With an excellent 10 % growth in both sales and profitability in the first nine months of the year we are well on track to achieve our targets," said CEO Hariolf Kottmann. "Our achievements are based on innovation, sustainability and on the endless commitment of our employees. Leveraging innovation throughout our portfolio is also exemplified by today's announcement of the commercialization of bio-ethanol with the related licenses and enzymes. We expect mid double-digit million sales potential from the sunliquid® cellulosic ethanol production alone, a clear illustration of our innovation competence in biotechnology. For 2017, we are confident that we will achieve our targets, i.e. growth in local currency, progression in operating cash flow, absolute EBITDA and EBITDA margin before exceptional items in spite of a temporarily weaker cash flow in the first half." more |
| October 30, 2017 |
Clariant and White Tale engaged in talksMuttenz, October 30, 2017 – Clariant, a world leader in specialty chemicals, has noted White Tale's press release and the demands published therein. Clariant notes that after the announcement of the termination of the merger agreement between Clariant and Huntsman on October 27th 2017, Clariant and its shareholder White Tale have engaged in an initial discussion regarding the new situation for the company and ways to work together in the future. more |
| October 27, 2017 |
Clariant and Huntsman jointly decided to abandon planned Merger of EqualsMuttenz, October 27, 2017 – Clariant (SIX: CLN) and Huntsman Corporation (NYSE: HUN) today jointly announced that they have mutually terminated their proposed merger of equals. The decision was unanimously approved by the Boards of Directors of Clariant and Huntsman. more |
| October 27, 2017 |
White Tale Holdings increased stake to above 20%Clariant, a world leader in specialty chemicals, confirms that White Tale Holdings has increased its stake in Clariant in excess of 20%. This follows earlier mandatory notifications by White Tale Holdings to the Swiss Stock Exchange (SIX) regarding its holdings. more |
| September 19, 2017 |
White Tale Holdings increased stake above 15 percentMuttenz, September 19, 2017 – Clariant, a world leader in specialty chemicals, has announced today that White Tale Holdings has increased its stake in excess of 15 percent. This follows earlier mandatory notifications by White Tale Holdings to the Swiss Stock Exchange (SIX) regarding their holdings. more |
| September 19, 2017 |
Clariant reconfirms its full commitment to the planned merger of equals between Huntsman and Clariant and reiterates its strong strategic rationaleMuttenz, September 19, 2017 – Clariant, a world leader in specialty chemicals, confirms that its Board has received a letter from White Tale Holdings, the Cayman Island-based vehicle created by hedge funds Corvex and 40 North. According to the letter, White Tale has increased its stake in Clariant above 15 percent. In addition, White Tale has stated that it maintains its opposition to the merger of equals between Huntsman and Clariant. more |
| August 15, 2017 |
HuntsmanClariant Deal Continues to Move Forward: Narrow "Second Request" for Additional Information Received from Federal Trade CommissionMuttenz, August 15, 2017 –Clariant AG is pleased to announce progress towards satisfying the regulatory approval condition to closing its merger of equals with Huntsman Corporation. The United States Federal Trade Commission, which reviews the antitrust implications of certain business combinations, late yesterday delivered a second request for information to the parties relating to just two products − sodium isethionate, used in personal care products like soap and shampoos, and a polyetheramine product used in certain construction and additive/paint and ink applications. These products accounted for less than USD 24 million in total revenues of each of the two companies in the United States in 2016, and Clariant is confident that the parties will be able to satisfy any FTC concerns on a timeline consistent with the merger, which we continue to expect to close around year-end. more |
| July 27, 2017 |
Clariant continues to increase sales, improves profitability and remains on track to meet 2017 outlook"Clariant delivered excellent top-line growth and further expansion in profitability in the first half of the year," said CEO Hariolf Kottmann. "Our good business performance was primarily achieved by the recovery in Catalysis and the ongoing impact of the differentiated steering in Plastics & Coatings. For 2017, we are confident that we will achieve our targets, i.e. growth in local currency, progression in operating cash flow, absolute EBITDA and EBITDA margin before exceptional items in spite of a temporarily weaker cash flow in the first half." more |
| July 27, 2017 |
HuntsmanClariant merger on trackMuttenz, July 27, 2017 – Clariant (SIX: CLN) and Huntsman Corporation (NYSE: HUN) today presented a first update on the planned merger of equals to keep their shareholders informed. The preparations to create HuntsmanClariant, a leading global specialty chemicals company, are showing continued strong progress and are proceeding as planned with an unchanged closing targeted for December 2017 / January 2018. more |
| July 26, 2017 |
European Commission investigation into the ethylene purchasing marketMuttenz, July 26, 2017 – Clariant is part of an ongoing competition law investigation by the European Commission into the ethylene purchasing market. The company is assisting the relevant authorities and cannot comment further on the details of an ongoing investigation. more |
| July 20, 2017 |
White Tale Holdings increased stake above 10 percentMuttenz, July 20, 2017 – Clariant, a world leading company in specialty chemicals, has announced today that White Tale Holdings now hold a stake in excess of 10 percent. This follows earlier mandatory notifications by White Tale Holdings to the Swiss Stock Exchange (SIX) regarding their holdings. more |
| May 22, 2017 |
Clariant and Huntsman to Combine in Merger of EqualsMuttenz, Switzerland, May 22, 2017 - Clariant (SIX: CLN) and Huntsman Corporation (NYSE: HUN) today announced that their Boards of Directors unanimously approved a definitive agreement to combine in a merger of equals through an all-stock transaction. more |
