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Clariant Expands Agreement with Distributor

Thursday, November 16, 2017

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Specialty chemicals company Clariant (Muttenz, Switzerland) announced Wednesday (Nov. 15) that it has expanded its partnership with raw materials distributor Palmer Holland (Cleveland) for its Additives segment.

Clariant

Specialty chemicals company Clariant (Muttenz, Switzerland) announced Wednesday that it has expanded its partnership with raw materials distributor Palmer Holland (Cleveland) for its Additives segment.

The Additives business, based in Canada, supplies products and solutions in plastics, coatings, printing ins, adhesives, textiles and fibers, and other applications.

Its portfolio includes a variety of flame retardants, including the brand Exolit; waxes for plastic applications, hot melt adhesives, polishes and protective coatings; and performance additives that prevent oxidation, dissipate electric charge accumulation and improve heat, light and weather resistance.

Clariant, which achieved sales of 5.8 billion Swiss francs—about $6.01 billion—in 2016, also expanded its footprint in Asia in September when it announced a partnership with UV light stabilizer supplier Tiangang Auxiliary Co. Ltd.

Last month, the prospects of a merger between Clariant and other chemical giant Huntsman Corporation ended when the companies announced that they would not continue with the proposed $20 billion plan.

   

Tagged categories: Additives; Business matters; Clariant; Distributors; Raw materials; Specialty Coatings

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