Bulletin: Chemical Producer Clariant Tightens Its Focus On Core Business With Masterbatches Divestment - S&P Global Ratings’ Credit Research

Bulletin: Chemical Producer Clariant Tightens Its Focus On Core Business With Masterbatches Divestment

Bulletin: Chemical Producer Clariant Tightens Its Focus On Core Business With Masterbatches Divestment - S&P Global Ratings’ Credit Research
Bulletin: Chemical Producer Clariant Tightens Its Focus On Core Business With Masterbatches Divestment
Published Dec 19, 2019
2 pages (1173 words) — Published Dec 19, 2019
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Abstract:

LONDON (S&P Global Ratings) Dec. 19, 2019--S&P Global Ratings today said that the Masterbatches business divestment Clariant AG (BBB-/Stable/A-3) announced today, combined with those already completed in 2019 or in progress for 2020, will reduce the group's revenue by about Swiss franc (CHF) 2.2 billion (a third of its 2018 revenue). The company intends to focus its investments on care chemicals, catalysis, and natural resources to support growth and innovation, and to strengthen its balance sheet. Swiss-listed Clariant, a producer of specialty chemicals, continues to pursue a strategy of focusing on its core business. It announced today that it has agreed to sell its entire masterbatches business to PolyOne. This follows the divestment of its health care packaging business, which

  
Report Type:

Bulletin

Ticker
CLN@VX
Issuer
Clariant AG
GICS
Specialty Chemicals (15101050)
Sector
Global Issuers
Country
Switzerland
Region
Europe, Middle East, Africa
Format:
PDF Adobe Acrobat
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MLA:
S&P Global Ratings’ Credit Research. "Bulletin: Chemical Producer Clariant Tightens Its Focus On Core Business With Masterbatches Divestment" Dec 19, 2019. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Chemical-Producer-Clariant-Tightens-Its-Focus-On-Core-Business-With-Masterbatches-Divestment-2360713>
  
APA:
S&P Global Ratings’ Credit Research. (). Bulletin: Chemical Producer Clariant Tightens Its Focus On Core Business With Masterbatches Divestment Dec 19, 2019. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Chemical-Producer-Clariant-Tightens-Its-Focus-On-Core-Business-With-Masterbatches-Divestment-2360713>
  
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