Clariant

chemicals technology | July 20, 2018

Clariant has entered a partnership with Lintech International to solely distribute its pigments for the plastics, coating and printing ink industries across the US. The product portfolio of Clariant’s pigments business units comprises organic dyes and pigment dispersions. Clariant business unit pigments for North American coatings director of sales and marketing Brandon Devis said: “We believe this expansion of our partnership will improve service offerings and logistics to our plast...

chemicals-technology | January 26, 2018

SABIC has agreed to acquire around 83 million shares in global specialty chemicals company Clariant, representing a 24.9% stake. With the acquisition of this stake in Clariant from 40 North &Corvex Management, SABIC is set to become the majority shareholder in Clariant. The acquisition represents another key milestone in SABIC's diversification strategy, and is part of the company’s long-term growth strategy to remain committed to product differentiation. Complementary to SAB...

Nasdaq | January 15, 2020

Atotech, a Carlyle-backed specialty chemicals company carved out of Total, filed on Wednesday with the SEC to raise up to $100 million in an initial public offering.However, the deal size is likely a placeholder for an IPO that we estimate could raise $1 billion. The Berlin, Germany-based company was founded in 1993 and booked $1.2 billion in revenue for the 12 months ended September 30, 2019. It plans to list on the NYSE under the symbol ATC. Atotech filed confidentially on June 7, 2019. ...

PR Newswire | January 14, 2020

The new LDPE unit had not yet achieved beneficial operation (BO) as planned for in December 2019. The unit was in the final stages of commissioning and startup when the incident occurred. The unit has been shut down and an investigation is underway to determine the cause of the incident, the extent of the damage and resulting impact on the LDPE unit's BO schedule. All other Lake Charles units and previously commissioned LCCP units, namely the ethane cracker, ethylene glycol/ethylene oxide an...