IHS Chemical Week

Repositioned Clariant raises profit, shuffles portfolio further

11:26 AM MST | February 14, 2013

Clariant today reported an increase in fourth-quarter profits and pledged to improve its margins further to become one of the most profitable specialty chemical companies. Announcing the company's fourth-quarter and full-year 2012 results in Zurich today, CEO Hariolf Kottmann said that Clariant achieved solid results in a demanding year. Fourth-quarter net profit from continuing operations rose to 87 million Swiss francs ($94 million) from SF11 million in the last quarter of 2011. Fourth-quarter sales from continuing operations increased to SF1.51 billion from...

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