|
September 19, 2017
|
Muttenz, 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
|
|
September 19, 2017
|
Muttenz, 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
|
|
August 15, 2017
|
Muttenz, 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 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
|
Muttenz, 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
|
Muttenz, 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
|
Muttenz, 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
|
Muttenz, 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
|
|
April 27, 2017
|
"Clariant achieved a very good start into the year with good volume growth and higher profitability", said CEO Hariolf Kottmann. "Our focus on local currency growth and profitability improvement is clearly reflected in these encouraging results. We are on a solid path towards achieving our sales expansion targets, a continued progression in absolute EBITDA and EBITDA margin before exceptional items as well as operating cash flow generation, in spite of what continues to be a challenging market environment in specific business areas."
more
|
|
March 20, 2017
|
Muttenz, March 20, 2017 – 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 482 shareholders and shareholder representatives accounting for 178 055 160 shares or around 53.64 % of the share capital of Clariant.
more
|
|
March 17, 2017
|
Muttenz, March 17, 2017 – Clariant, a world leader in specialty chemicals, will be included in the SPI Select Dividend 20 Index basket. The index will be adjusted on 17 March 2017 after closing. The adjustment takes effect on 20 March 2017.
more
|
|
February 27, 2017
|
Clariant, a world leader in specialty chemicals, today publishes its first Integrated Report. This step towards Integrated Reporting enables Clariant to provide a deeper view on its holistic management approach and commitment to create added value for customers, employees, shareholders and the environment.
more
|
|
February 16, 2017
|
"Clariant considerably expanded its operating cash flow in 2016 while reporting sales growth and profitability improvement," said CEO Hariolf Kottmann. "Our good business performance was primarily achieved by means of a continued shift to high margin specialities, the impact of the differentiated steering in Plastics & Coatings as well as good cost management. 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 continued challenging economic environment."
more
|
|
December 19, 2016
|
Muttenz, December 19, 2016 – Clariant, a world leader in specialty chemicals, today announced the signing of a new CHF 500 million five-year multi-currency Revolving Credit Facility (RCF) with two one-year extension options.
more
|
|
October 27, 2016
|
"Clariant continues to grow both, sales and profitability in the first nine month of 2016," said CEO Hariolf Kottmann. "The good performance reflects our excellent execution of our strategy in all our businesses to foster growth and improve returns despite the continued challenging economic environment. The advancement in the current year results from our focus on innovation by delivering more added value to our customers as well as continued cost discipline. The differentiated business steering in Plastics & Coatings continued to positively impact the profitability improvement. We are therefore on track to achieve our targets for the full year 2016."
more
|
|
September 14, 2016
|
Muttenz, September 14, 2016 – Clariant, a world leader in specialty chemicals, today announces two acquisitions in the oilfield production chemicals business. After closing, the agreed purchases of Kel-Tech Inc. and X-Chem LLC add approx. USD 200 million of sales, as well as personnel, technology and expertise to its existing activities in North America and accelerates the growth of its Business Unit Oil & Mining Services (OMS) as a leading provider of oilfield production chemicals in North America.
more
|
|
August 05, 2016
|
Muttenz, August 5, 2016 – Clariant, a world leader in specialty chemicals, announced today the issuance of USD 276.5 million and EUR 95 million of debt in the German market for certificates of indebtedness ("Schuldschein"). The USD-denominated tranche has a term of 5 years. The certificates in EUR have terms of 5 years and 7 years.
more
|
|
July 28, 2016
|
"Clariant has considerably expanded operating cash flow and also significantly improved its profitability in the first half of the year," said CEO Hariolf Kottmann. "Our good business performance was primarily achieved by means of a continued shift to high margin specialities, the impact of the differentiated steering in Plastics & Coatings as well as good cost management. For 2016, we are on track to achieve our targets despite the continued challenging economic environment."
more
|
|
June 24, 2016
|
Clariant, a world leader in specialty chemicals, today announced the acquisition of Carboflex's 50% stake in the consortium that built and operates the Guanabara Bay plant. The facility, located in Rio de Janeiro, Brazil, produces chemicals used in oil and gas wells. The acquisition is part of the investment strategy of Clariant's Business Unit Oil and Mining Services and allows the company to take full control of the plant to further expand its chemical offering to offshore customers, while optimizing delivery times.
more
|
|
June 23, 2016
|
Clariant, a world leader in specialty chemicals, inaugurated its new production plant for water-based pigment preparations in Mexico. The new plant located in Santa Clara doubles Clariant's Mexico annual production capacity for water-based pigment preparations and enhances its ability to serve customers across North and Latin America.
more
|
