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07-31-2012

Clariant to Acquire Ukrainian Catalyst Joint Venture

The Swiss specialty chemicals group Clariant International Ltd., Muttenz, has signed an agreement to acquire the remaining 40 % of a joint venture between the Holding company Alvigo AS, based in Tallin, Estonia, and Süd-Chemie AG, in the meantime acquired by Clariant AG. The Süd-Chemie Alvigo Catalysts GmbH (SCAC) is a producer of syngas catalyst, based in the Ukraine. The signing of the transaction took place at the end of June, closing is subject to merger control approval. The purchase price has not been disclosed.

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