Clariant and SABIC plan high-performance materials joint venture

Clariant and SABIC plan to form a joint venture combining Clariant's additives and high-end masterbatch businesses with SABIC's specialty polymer business, with expected turnover of 4 billion Swiss francs by 2021.

“We are separating the innovative and high-margin business of the plastics and coatings portfolio into a high-performance polymer from Saudi Basic Industries Corporation (SABIC) to create a very professional and broad player in the materials sector.”haythink.com

• 1 source
• haythink.comClariant Claims High-performance Materials Business With SABIC Will Increase Profitability - Global Leading Information Platform For Advanced Materials And TechnologiesJan 15, 2024

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