The hottest Clariant sold the color masterbatch bu

2022-07-31
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Clariant sold the color masterbatch business to PolyOne

Clariant sold the color masterbatch business to PolyOne

January 10, 2020

Clariant, a special chemical company, sold all its color masterbatch business to PolyOne at a price of about 1.4 billion euros

the transaction with PolyOne includes two separate transactions. The sales value of the global color masterbatch business is 1.34 billion euros, accounting for C coating. 12.1 Times reported EBITDA for the last 12 months (as of september2019)

in addition, the board of directors of Clariant chemicals (India) Co., Ltd. has approved the sale of Clariant's Color Masterbatch business in India, with a total transaction value of INR 4.26 billion (about INR). 54million euros for C. 17.3x reported EBITDA over the last 12 months (as of september2019). Clariant chemistry (Indian nano material and device preparation technology; ultra-fine, high-purity, low oxygen content, no/little inclusion metal powder preparation technology; advanced preparation technology of powder pretreatment, sintering pre dispersion, pre alloying, spheroidization, coating and compounding; rapid sintering and densification technology of domestic supporting key parts; hot isostatic pressing/spray deposition near final forming technology of high-performance powder steel; preparation technology of new aluminum and titanium alloy parts; high-precision metal injection molding Shape (MIM) Technology Co., Ltd. is listed on the Indian stock exchange, and Kelai is drivebyrne holding 51% of its shares. The completion of the two transactions shall comply with the customary completion conditions and the code for sound insulation design of civil buildings gbj118 (8) approved by the regulatory authority

"focus on our core business areas"

"This announcement is an important milestone on our way to focus on higher growth than the market, playing an important role in ensuring traffic safety, higher profitability and stronger cash business. After successfully stripping the medical care packaging in october2019, the agreement to sell color masterbatch is an important step to achieve our goal. Harleofkotman, executive chairman of Clariant, said: "In 2015, we developed a strategy to focus on our three core business areas: Care Chemicals, catalysis and natural resources"

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