Press release
Clariant initiates squeeze-out process for Süd-Chemie
Muttenz, 24 June 2011 – Clariant, a world leader in specialty chemicals, announced today that it has initiated the squeeze-out procedure to acquire all of the remaining shares of Süd-Chemie AG from minority shareholders according to the German Public Company Act (“Aktiengesetz” § 327a).After expiry of the mandatory public offer on June 14, Clariant now owns 11 679 449 shares of Süd-Chemie AG, corresponding to 98.64% of the share capital.
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 approx. 16,200 employees as of December 31, 2010. In the financial year 2010, Clariant produced a turnover in excess of CHF 7 billion. Clariant is divided into ten business units: Additives; Detergents & Intermediates; Emulsions; Industrial & Consumer Specialties; Leather Services; Masterbatches; Oil & Mining Services; Paper Specialties; Pigments; Textile Chemicals.
EMG
Paulien Boumans
Lelyweg 6
4612 PS
Bergen op Zoom
The Netherlands
0031164317015
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Clariant initiates squeeze-out process for Süd-Chemie here
News-ID: 180964 • Views: …
More Releases from Clariant International Ltd
Clariant Innovation Center Cornerstone Laid at Industriepark Höchst for 500 New …
- Finance Minister Thomas Schäfer: Investment brings major benefits
- Christian Kohlpaintner: 100 million euros to provide optimal conditions for sustainable, successful research
Muttenz / Frankfurt, February 29, 2012 - The cornerstone of the new 100-million-euro Clariant Innovation Center was officially laid during a ceremony today at the Industriepark Höchst in Frankfurt. Attending the event were Hessen State Finance Minister Thomas Schäfer; Clariant Executive Committee member Christian Kohlpaintner; and Ulrich Ott, Managing…
Clariant successfully issues EUR 500 million Eurobond
Muttenz, January 17, 2012 – Today, Clariant successfully priced an Eurobond transaction of EUR 500 million with a tenor of 5 years, issued by Clariant Finance (Luxembourg) S.A. and guaranteed by Clariant Ltd.
The fixed rate notes with a minimum denomination of EUR 100,000 and a final coupon of 5 ⅝ % p.a. are maturing on January 24, 2017. The orderbook was significantly oversubscribed on the back of strong investor demand.…
Clariant’s EasyWhite Tan process — leaner, cleaner and safer
Muttenz, November 14, 2011 - Specialty chemicals expert Clariant is offering tanners the first viable scientific and commercial option to traditional tanning methods in some 125 years with the global launch of EasyWhite Tan.
The first major advance since the advent of chrome-based tanning revolutionized the industry back in the late 1800s, the new EasyWhite Tan process delivers a ground-breaking alternative to conventional methods based on metals (such as chrome, which…
Clariant Strengthens Presence in China with Opening of its First Ethoxylation Pl …
Muttenz/ Shanghai, November 1, 2011 - Clariant, the Swiss leading specialty chemicals company, announced the inauguration of its ethoxylation plant in Daya Bay at Huizhou, Guangdong Province, China today. The plant not only benefits customers with local production but also brings global know-how and technology in product development to the local market. Construction of the plant is pivotal to Clariant’s global strategy on further developing the emerging markets.
The plant in…
More Releases for Muttenz
Clariant successfully issues EUR 500 million Eurobond
Muttenz, January 17, 2012 – Today, Clariant successfully priced an Eurobond transaction of EUR 500 million with a tenor of 5 years, issued by Clariant Finance (Luxembourg) S.A. and guaranteed by Clariant Ltd.
The fixed rate notes with a minimum denomination of EUR 100,000 and a final coupon of 5 ⅝ % p.a. are maturing on January 24, 2017. The orderbook was significantly oversubscribed on the back of strong investor demand.…
Clariant successfully places EUR 365 million of certificates of indebtedness
Muttenz, October 14, 2011 - Clariant, a world leader in specialty chemicals, announced today the issuance of totally EUR 365 million in the German market for certificates of indebtedness (“Schuldschein”). The four certificates have a term of 3 years
(EUR 242 million) respectively 4.5 years (EUR 123 million) each with fix or float coupons.
The interest to be paid for the certificates of indebtedness is based on six months Euribor…
Clariant sells its Polysilazane coatings business
Muttenz, 4 October 2011 – Clariant, a world leader in specialty chemicals, today announced the sale of its Polysilazane coatings business including the production site in India to AZ Electronic Materials (AZ) for a consideration of approximately EUR 4 million.
Under the terms of the agreement, Clariant retains the exclusive right to develop and use Polysilazanes for composite materials and ceramics. Clariant will continue its development in the area of…
Clariant announces price increases for Detergents & Intermediates
Muttenz, 31 March 2011 – Clariant's Business Unit Detergents & Intermediates announces a minimum 10% price increase for its TAED, Hostapur® SAS, Glyoxal, Glyoxylic Acid and Oxalic Acid product lines.
The adjustments, which will become effective immediately or as contracts allow, reflect accelerating raw material costs which can no longer be absorbed by the Business.
Clariant’s customers will be contacted individually regarding the specifics of the price increases as they apply…
Clariant’s Paper Business to raise prices
Muttenz, 29 March 2011 – Clariant’s Business Unit Paper, a leading supplier of Optical Brighteners, Colorants and Chemicals to the Paper industry, announces price increases across its product portfolio.
The adjustments, which take immediate effect, are necessary to recover significant on-going cost inflation in raw materials, labor, energy and transportation.
Price increases of 8% will affect all product groups and as contracts allow. Selected individual products will experience higher increases due…
Clariant’s Masterbatches Business increases prices
Muttenz, 23 February 2011 – The Masterbatches Business Unit of Clariant, a leading masterbatches player globally, announces global price increases for most of its products.
The price adjustments are necessary to compensate for rising oil prices and significant cost increases for all masterbatch- relevant raw materials.
"We have absorbed significant cost increases through production optimization and other efficiency-increasing measures, but we have now reached the limit of what we can do…
