26 Jul 2012

Clariant to acquire remaining share of Ukrainian Catalyst Joint Venture

Süd-Chemie Alvigo Catalysts GmbH (SCAC) is leading Syngas Catalyst Supplier

Muttenz, July 26, 2012 - The Swiss specialty chemicals group Clariant has signed an agreement to acquire the remaining 40 percent share of a joint venture between the Holding company Alvigo AS, based in Tallin/Estonia and Süd-Chemie AG, in the meantime acquired by Clariant AG. The Süd-Chemie Alvigo Catalysts GmbH (SCAC) is a leading producer of syngas catalyst, based in the Ukraine. The signing of the transaction took place at the end of June, closing is subject to merger control approval. The purchase price has not been disclosed.

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www.clariant.com

Clariant is an internationally active specialty chemical company, based in Muttenz near Basel. The group owns over 100 companies worldwide and employed 22 149 employees on December 31, 2011. In the financial year 2011, Clariant produced a turnover of CHF 7.4 billion. Clariant is divided into eleven business units: Additives; Catalysis & Energy; Emulsions, Detergents & Intermediates; Functional Materials; Industrial & Consumer Specialties; Leather Services; Masterbatches; Oil & Mining Services; Paper Specialties; Pigments; Textile Chemicals. Clariant focuses on creating value by investing in future profitable and sustainable growth, which is based on four strategic pillars: Improving profitability, innovation as well as research and development, dynamic growth in emerging markets, and optimizing the portfolio through complementary acquisitions or divestments.