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Clariant acquires organic pigments business in China, to build new pigments plant in the country

7:18 AM MDT | September 30, 2013 | Deepti Ramesh

Clariant says that it has acquired the organic pigments business of Jiangsu Multicolor Fine Chemical (Wuxi, Jiangsu Province, China), a leading supplier of several types of high-performance pigments and pigment preparations in China. Financial terms of the deal have not been disclosed. The acquired business has annual sales of about 210 million renminbi ($34 million) and manufactures and markets pigments and pigment preparations mainly for customers in coatings, plastics, and printing inks in the Chinese and export markets, Clariant says. Clariant has also...

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