PolyOne Corporation, a leading global provider of specialized polymer solutions, has completed its purchase of the color masterbatch businesses of Clariant and Clariant Chemicals India Ltd. PolyOne also announced that it has changed its name and will now be called Avient.
Clariant’s deal with PolyOne includes two separate transactions. PolyOne agreed to acquire global Masterbatches business in a deal valued at around $1.5bn. Clariant Chemicals’ (India) board of directors separately approved the sale of Clariant’s Masterbatches business in India for around $60m.
Clariant, a sustainable and innovative specialty chemical company, has completed the sale of its entire masterbatches business to PolyOne.The enterprise value of the sale, which consists of separate transactions for Clariant’s global masterbatches business and its masterbatches business in India, amounts to approximately USD 1,560 million which is equivalent to c. 12.2 times the last twelve Clariant includes 46 manufacturing operations and technology centres in 29 countries. Approximately 3,600 of its employees will join PolyOne’s Colour, Additives and Inks business. The combined geographic footprint of the two businesses is expected to offer comprehensive global availability of specialty materials and services to worldwide customers. PolyOne Corporation 19 2006 - 2013 2013 –2019 PEOPLE PRODUCTS PLANET PERFORMANCE PolyOne Clariant Color & Additive Masterbatch Business •Building mini-recycling plants to facilitate customer projects on design for recycling - CycleWorks •Uses packaging additives & colorants to improve recyclability and enhance automated sorting Polyone & Clariant - Dealers in Engineering Plastics Raw Materials and Bio Chemicals | PIP Polymers.
· The U.S. company expects to generate $60 million in cost savings as it absorbs Clariant's business, the Cleveland PolyOne launched a new portfolio of infrared- detectable black colorants for plastic Clariant Additive Masterbatch makes black plastic packaging 'visible' to Oct 17, 2016 White) Market Analysis 2016-2021 with PolyOne, Schulman, Ampacet, BASF & Clariant International Dominating - Research and Markets. Dec 31, 2020 PolyOne Corporation is a global provider of specialized polymer materials and services. PolyOne has operations in thermoplastic compounds, Dec 19, 2019 The sale of Clariant's masterbatches business in India has been approved by Clariant Chemicals (India) Limited's Board of Directors and is PolyOne Corp har inlett samtal med Clariant om förvärv av dess masterbatchenhet, rapporterar Bloomberg News. Enligt Bloomergs källa vill PolyOne har å den 1 juli bytt namn till Avient efter det att förvärvet av Clariant Masterbatch avslutats.
Le groupe américain de polymères ZURICH (Reuters) - Swiss speciality chemicals maker Clariant CLN.S aims to finalise the $1.6 billion sale of its masterbatches unit to PolyOne Corp POL.N by September, Chairman Hariolf Kottmann PolyOne, in part, is funding the Clariant deal with proceeds from the $775 million all-cash sale of its Performance Products and Solutions business. That business was sold in August to private equity firm SK Capital Partners of New York. PolyOne employs 5,600 worldwide and posted sales of $2.9 billion in 2019.
PolyOne also announced that it has changed its name to Avient. "We proudly welcome our newest associates and valued customers from Clariant Masterbatch. They are joining us on Day 1 of this new era for our company, which as of today will be named Avient," said Robert M. Patterson, Chairman, President, and CEO, in a prepared statement.
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Dec 31, 2020 PolyOne Corporation is a global provider of specialized polymer materials and services. PolyOne has operations in thermoplastic compounds,
Dec 19, 2019 The sale of Clariant's masterbatches business in India has been approved by Clariant Chemicals (India) Limited's Board of Directors and is
PolyOne Corp har inlett samtal med Clariant om förvärv av dess masterbatchenhet, rapporterar Bloomberg News. Enligt Bloomergs källa vill
PolyOne har å den 1 juli bytt namn till Avient efter det att förvärvet av Clariant Masterbatch avslutats. Förvärvet, en affär på 1,44 miljarder dollar,
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has completed its US$1.44 billion purchase of the colour masterbatch businesses of Clariant and Clariant Chemicals India Ltd., and said it will change its name to Avient Corp. Avon Lake, Ohio-based PolyOne first announced the deal with Clariant in December 2019. PolyOne Corporation, a global provider of specialised polymer materials, services and sustainable solutions, has completed acquisition process for the colour masterbatch businesses of Clariant and Clariant Said to Discuss $1.5 Billion Unit Sale With PolyOne “This will be a truly transformational acquisition,” PolyOne Chief Executive Officer Robert Patterson said. Over 85% of earnings will now stem from so called specialty chemicals, which command higher margins and are less prone to economic cycles, the company said.
Clariant Chemicals’ (India) board of directors separately approved the sale of Clariant’s Masterbatches business in India for around $60m. PolyOne Corp. has completed its purchase of the color masterbatch businesses of Clariant and Clariant Chemicals India Ltd. PolyOne also announced that it has changed its name and will now be called Avient. The entry into the agreement to acquire the Clariant Masterbatch business was originally announced in December 2019.
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Clariant completes the sale of its Masterbatches business to PolyOne for approx. USD 1.6 billion. Muttenz, July 1, 2020 – Clariant, a focused, sustainable and innovative specialty chemical company, today completed the sale of its entire Masterbatches business to PolyOne.
PolyOne ha siglato un accordo con la svizzera Clariant per rilevare le attività nei masterbatches per un controvalore di 1.560 milioni di dollari, equivalente ad oltre 12 volte l’Ebitda degli ultimi dodici mesi, su base 'cash and debt free’. 2020-01-26 · The PolyOne-Clariant deal includes the sale of Clariant's global masterbatches business, with $1.1 billion in annual sales, and a separate agreement to sell the masterbatches business in India for $60 million. Major markets served by the Clariant business include consumer, packaging and health care. Clariant vende Masterbatches a PolyOne Il marchio chimico svizzero Clariant ha raggiunto un accordo per vendere Masterbatches a PolyOne, una società americana specializzata in materiali polimeri.