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Friday, 12 November 2021 15:25

Clariant Chemicals’Q2 sales up eight per cent

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For the second quarter Clariant Chemicals’ sales rose eight per cent. The company reported sales of Rs 407.6 crores in the first half of 2021 as against Rs 309.8 crores for the corresponding half of the previous year.

Clariant is a focused, sustainable and innovative specialty chemical company based in Switzerland. It has with several external sustainability initiatives such as the Global Product Strategy and the United Nations Global Compact. Clariant is one of the top European chemical companies being part of the Dow Jones Sustainability Indices.

The company reports in three business areas: care chemicals, catalysis and natural resources. Clariant’s corporate strategy is based on five pillars: focus on innovation and R&D, add value with sustainability, reposition portfolio, intensify growth, and increase profitability.

Clariant’s listed entity in India, based in Mumbai, includes the pigments business, which deliver solutions for the emerging industry sectors in India. Clariant Chemicals is India’s leading specialty chemicals producer. Clariant has invested in a state-of-the-art regional innovation center in Mumbai, with an aim to co-create tailor-made solutions with customers for the industry. Effective cost management and resource optimization, with a better product portfolio, enabled the company to improve profitability.