Clariant
| Public | |
| Traded as | SIX: CLN |
| Industry | Chemicals, manufacturing |
| Founded | 1995 |
| Headquarters | Muttenz, Switzerland |
|
Area served
|
Worldwide |
|
Key people
|
Hariolf Kottmann (CEO), Patrick Jany (CFO), Rudolf Wehrli (Chairman, Non-Executive Member of the Board of Directors) |
| Products | Speciality chemicals |
| Revenue | 5.8 billion CHF (2015) |
| 227 million CHF (2015) | |
| Total assets | 7,461 million CHF (2015) |
| Total equity | 2,494 million CHF (2015) |
|
Number of employees
|
17,213 (2015) |
| Divisions |
Care Chemicals Catalysis Natural Resources Plastics & Coatings |
| Website | www.clariant.com Annual Report |
Care Chemicals
Catalysis
Natural Resources
Clariant is a speciality chemicals company, formed in 1995 as a spin-off from Sandoz. The company is focused on four business areas: care chemicals (consumer and industrial); catalysis; natural resources (oil & mining, minerals); and plastics & coatings. Headquartered near Basel, Switzerland, the public company encompasses 110 operating companies in 53 countries. Major manufacturing sites are located in Europe, North America, South America, China and India. In 2015, sales from continuing operations were 5.8 billion CHF.
European markets account for about one-third of sales, while Asia-Pacific, North America and Latin America account for about one-fifth each. Net income in 2015 was 227 million CHF, while EBITDA was 853 million CHF, yielding an EBITDA margin (as a percentage of sales) of 14.7% before exceptional items. The company’s post-2015 target is an EBITDA margin of 16-19%. EBITDA margin in the 2010-15 period was 10-15%, above its sub-10% levels of 2001-09. Clariant management aims to boost EBITDA margin further by: cost cutting and efficiency; sales growth, especially in Asia; and innovation in products and business processes.
The company has sales of around US$6 billion. Headquarters are officially in Muttenz, but most central functions are officed in a dedicated corporate centre in nearby Pratteln, both near Basel, Switzerland. Clariant's four business areas, in descending order of revenues, are:
Plastics & Coatings
42% of sales, EBITDA margin of 13%, 'global GDP' growth ambition (currently 3-4%/year)
Products: additives, master batches and pigments for plastics processing; additives and pigments for paints and other coatings
Care Chemicals
25% of sales, EBITDA margin of 19%, 4-5%/year growth ambition
Products: de-icers, emulsifiers, food supplements, industrial fluids, surfactants, pesticide-delivery formulations, a process for making cellulosic ethanol,
Natural Resources
21% of sales, EBITDA margin of 17%, 6-7%/year growth ambition
Products: chemicals that assist production and processing of oil & gas, ores and metals
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