Investor News
| September 18, 2018 |
Clariant and SABIC enter Governance agreement defining the long-term strategic relationshipMuttenz, September 18, 2018 – Clariant and SABIC, two world leaders in chemicals, today jointly announced the signing of a Governance Agreement that determines the principles of Clariant’s future governance, defines SABIC’s position as a strategic anchor shareholder and confirms Clariant’s independence as a publicly-listed company under Swiss corporate governance. more |
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| September 18, 2018 |
Clariant makes a step change into higher value specialtiesMuttenz, September 18, 2018 – Clariant, a world leader in specialty chemicals, today announced an updated strategy and financial outlook as well as the signing of a Memorandum of Understanding with SABIC on a significant collaboration opportunity between the two companies in the area of high performance materials. The Group intends to expand more strongly by focusing on customer-specific products and solution offerings with attractive growth prospects and above average value potential. more |
| September 10, 2018 |
Clariant confirms SABIC to complete purchase of 24.99% stake in Clariant after receiving all regulatory approvalsMuttenz, September 10, 2018 – Clariant, a world leader in specialty chemicals, today announced that SABIC has received the final outstanding regulatory approvals from the competition authorities for the purchase of a 24.99% stake in Clariant. Therefore, an unconditional closing of the purchase will take place in the next days which makes SABIC Clariant’s largest strategic anchor shareholder, and second anchor shareholder beside the group of former shareholders of Süd-Chemie. more |
| July 25, 2018 |
Clariant reports strong progress in the first half of 2018"In the first half of the year, Clariant delivered strong growth in sales, EBITDA and most notably net income", stated CEO Hariolf Kottmann. "Our adherence to Clariant's five pillar strategy has resulted in the steady progress we have seen over the last years. We continue to focus on innovation and sustainability for portfolio advancement, leading to further progress in growth and profitability. For 2018, I am confident that we will achieve our targets". more |
| 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 |
| 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 |
