4 Aug 2015

Clariant Chemicals’ Sales at Rs. 227 crore in Q2, 2015

Mumbai, August 4, 2015 – Clariant Chemicals (India) Limited, India’s leading specialty chemicals producer, recorded a net sales of Rs. 227 crore for the quarter ended June 30, 2015 as compared to Rs. 264 crore for the corresponding quarter of the previous year. The profit before tax stood at Rs. 6 crore, for the quarter ended June 30, 2015.

The Net Sales stood at Rs. 453 crore during the half year ended June 30, 2015 as compared to Rs 538 crore for the corresponding quarter of the previous year. The sales growth in the company’s core business segments remains positive, in line with our strategy. The Profit before Tax for the half year ended June 2015, was at Rs. 18 crore.

Dr. Deepak Parikh, Vice-Chairman & Managing Director, Clariant Chemicals (India) Ltd, said, “Clariant in India is integrating its recent acquisitions in line with its strategy and remains focused to improve its core businesses and gain higher market share in all the segments in which we operate. Planning for the future will be an integral part of our business strategy. We are committed to capitalize on the untapped potentials and accelerate growth momentum in India through our innovative products and services.”

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Notes for editors

www.clariant.com

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.

www.clariant.in

Clariant in India, headquartered in Mumbai, operates in four business areas: Care Chemicals, Catalysis & Energy, Natural Resources, and Plastics & Coatings, including businesses like Pigments (Coatings, Printing and Plastics and Special Applications), Additives, Industrial & Consumer Specialties, Mining Services and Masterbatches, thus delivering solutions for the industry and the society. The 900-plus employee strength generated sales of INR 10.08 billion (in 2014). In 2014, Clariant invested in a state-of-the-art Regional Innovation Center in Mumbai, with an aim to co-create tailormade solutions with customers for the industry.

Clariant is committed to Responsible Care® and several external sustainability initiatives such as the Global Product Strategy and the United Nations Global Compact. Clariant is one of the top European chemical companies being part of Dow Jones Sustainability Indices.