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Business
Ciba divests masterbatches
October 9, 2006
| A version of this story appeared in
Volume 84, Issue 41
Clariant is buying Ciba Specialty Chemicals' masterbatches business for an undisclosed price. The business has annual sales of about $65 million and operates in Malaysia, Saudi Arabia, and France. It will be integrated into Clariant's own masterbatches business, which had sales in 2005 of roughly $910 million in additive concentrates for plastics molding. Ciba says the sale is in keeping with its focus on plastic additives, coating effects, and water and paper treatment.
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