Clariant to collaborate with SABIC on High Performance Materials Business
Global speciality chemicals company Clariant has announced an updated strategy for its speciality chemicals segment, alongside a collaboration with SABIC on high performance materials.
By 2021, it will combine its Additives and high value Masterbatches (colour, high temperature resins and health care) businesses into a High Performance Materials division, with parts of SABIC’s Specialties business. It will also divest its remaining Plastics & Coatings Business, including Pigments, standard Masterbatches and Medical Specialties.