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Clariant AG is a Swiss speciality chemicals company, formed in 1995 as a spin-off from Sandoz. The company started in 1995, as a spinoff (IPO) of the chemical operations of Sandoz, which then merged its pharmaceutical business with that of Ciba-Geigy to form Novartis. #Novartis
2/ Ciba-Geigy also went on to spin out its chemical operations, called Ciba Specialty Chemicals, which was later acquired by BASF.) In 1997, Clariant grew substantially, with the acquisition of the Hoechst speciality chemicals business. #Novartis
en.m.wikipedia.org/wiki/Clariant
Clariant CEO exits abruptly, renewing turmoil at Swiss group/Aramco-controlled Saudi Basic Industries (SABIC), which holds 25% of Clariant
24/07/19 🤔 mobile.reuters.com/article/amp/id…
Read 20 tweets
Sudarshan Chemical CMP 438
✍️ 4th largest pigment manufacturer globally
✍️ Aspiring to bcum 3rd largest in the nxt 3 yrs
✍️ Expected exit frm pigments biz by its 2 Big global competitors #BASF & #Clariant which is worth ~$10Bn
✍️ Continously gained mkt share over the past few yrs
✍️ SCIL has 2% global mkt revenue share of the organics pigment mkt
✍️ The exit of global biggies wil help SCIL to improve mkt share
✍️ Dominates Indian Pigment Ind. with 35% mkt share
✍️ Key positives: Low cost mfging advantage,Technical capabilities & Environmental compliance
✍️ Global colour pigment mkt to be $10 Bn & the oppotunity available for SCIL to be $8.6 Bn (Organic-$5 Bn, Inorganic-$3 Bn & Effect-$0.6 Bn)
✍️ Global organic pigment mkt is expected to grow @ CAGR of ~3% over the next 5 yrs
✍️ China's woes are blessings for Indian Chemical Cos
Read 8 tweets

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