# Clariant and SABIC to form high performance materials joint venture

Clariant and its major shareholder SABIC plan a speciality chemicals joint venture combining Clariant's additives and masterbatch business with SABIC's ULTEM, NORYL and LNP specialities, with Clariant holding the majority stake. Clariant's remaining plastics and coatings business will be divested.

- Type: Acquisition
- Announced: 2018-12-04
- Status: announced
- Products: high-performance thermoplastics, speciality additives, masterbatches, LNP compounds, ULTEM and NORYL resins
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Clariant](https://endata.com/companies/426.md)
- [SABIC](https://endata.com/companies/3200.md) (partner)
- [Stahl](https://endata.com/companies/10206.md) (target)

## Sources

- [waimaotong.com](https://www.waimaotong.com/article/detail/id/5351.html), 2018-12-04: "Clariant will have the majority stake in the intended business combination."
- [plastech.pl](https://www.plastech.pl/en/news/tag/chemical-materials-89?page=2), 2020-04-16: "Clariant reduces its stake in Stahl by 25 %."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.