1 Apr 2015
Clariant concludes divestment of its Water Treatment Business in Latin America to Ecolab
São Paulo, April 1, 2015 – Clariant, a world leader in specialty chemicals, has concluded the divestment of its Water Treatment Business located in Brazil, Argentina and Colombia to Ecolab Inc. In Colombia, the transaction will be in effect as soon as it is approved by local regulatory authorities. The negotiation does not include the Oil & Gas / Refinery industry, which continues to be served by Clariant Business Unit Oil and Mining Services, which supplies treatment packages through its Refinery Services business line. This transaction, which began in late 2014, is a result of Cariant portfolio management process, based on its profitable growth strategy. For Ecolab’s Water & Process Services (WPS) division, the acquision expands and strengthens its presence in industrial water treatment market in Latin America.
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Clariant International Ltd
Rothausstrasse 61
4132 Muttenz 1
Switzerland
Notes for editors
Clariant is a globally leading specialty chemicals company, based in Muttenz near Basel/Switzerland. On December 31, 2014 the company employed a total workforce of 17 003. In the financial year 2014, Clariant recorded sales of CHF 6.116 billion for its continuing businesses. The company reports in four business areas: Care Chemicals, Catalysis & Energy, Natural Resources, and Plastics & Coatings. Clariant’s corporate strategy is based on five pillars: increase profitability, reposition portfolio, add value with sustainability, foster innovation and R&D, and intensify growth.
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Clariant concludes divestment of its Water Treatment Business in Latin America to Ecolab
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Carsten Seum
Clariant International Ltd
Stefanie Nehlsen
Clariant International Ltd
stefanie.nehlsen@clariant.com
Josina van der Velden
EMG