in this issue
People & Business :: Companies
Taking Sides in Switzerland
2:11 PM MDT | September 15, 2008 | Robert Westervelt Robw@Chemweek.Com
Turmoil at Ciba Specialty Chemicals and Clariant, both based in Basel, Switzerland, underscore the pressures bearing down on certain sectors of the specialty chemical market. Clariant and its CEO Jan Secher announced plans to part ways earlier this month, and one vocal shareholder at Ciba is waging a very public campaign to oust chairman and former CEO Armin Meyer. Profitability at Ciba and Clariant has foundered during the past few years as both companies cope with challenges in sectors including paper chemicals, textile chemicals, and plastics additives. At...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee