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Clariant

Clariant

Clariant is a Switzerland-based provider of specialty chemicals.

OverviewStructured DataIssuesContributorsActivity

Contents

clariant.com/en/corporate
clariant.com
Is a
Company
Company
Organization
Organization

Company attributes

Industry
Crude Oil
Crude Oil
Concrete
Concrete
Speciality chemicals
Speciality chemicals
Green Concrete
Green Concrete
Bioplastic
Bioplastic
Building material
Building material
Chemical industry
Chemical industry
Detergent
Detergent
...
Location
Switzerland
Switzerland
Muttenz
Muttenz
B2X
B2B
B2B
CEO
Conrad Keijzer
Conrad Keijzer
Founder
‌
Martin Syz
AngelList URL
angel.co/company/clariant
Pitchbook URL
pitchbook.com/profiles.../41904-73
Legal Name
Clariant AG
Legal classification
Aktiengesellschaft
Aktiengesellschaft
Spun Out From
Sandoz
Sandoz
Number of Employees (Ranges)
10,001+0
Full Address
Rothausstrasse 61, Muttenz, Basel-Country 4132, CH
Investors
SABIC
SABIC
DUNS Number
484519731
Founded Date
1995
Latest Funding Round Date
January 25, 2018
Competitors
‌
Multisorb Technologies
MacDermid
MacDermid
Honeywell
Honeywell
Dow Chemical Company
Dow Chemical Company
Croda International
Croda International
SI Group
SI Group
FRX Polymers
FRX Polymers
Business Model
Commerce
Stock Symbol
CLN
Exchange
OTC Markets Group
OTC Markets Group
Board of Directors
Claudia Suessmuth Dyckerhoff
Claudia Suessmuth Dyckerhoff
Susanne Wamsler
Susanne Wamsler
Geoffery Merszei
Geoffery Merszei
Konstantin Winterstein
Konstantin Winterstein
Peter Steiner
Peter Steiner
Eveline Saupper
Eveline Saupper
Thilo Mannhardt
Thilo Mannhardt
Günter von Au
Günter von Au
...
CFO
Stephan Lynen
Stephan Lynen
Former CEO
Hariolf Kottmann
Hariolf Kottmann
Key People
Bernd Hoegemann
Bernd Hoegemann
Hans Bohnen
Hans Bohnen
Latest Funding Type
‌
Corporate funding round
Patents Assigned (Count)
147
Legal Entity Identifier
529900VSEKBY7TMPP3490
Wellfound ID
clariant
Country
Switzerland
Switzerland
Headquarters
Muttenz
Muttenz

Other attributes

Company Operating Status
Active
Wikidata ID
Q667505
Overview

Clariant is a specialty chemicals company based in Muttenz, Switzerland. The company was founded in 1995 when Martin Syz, then head of Sandoz AG's chemicals division, was tasked by Sandoz with developing a business plan for an independent specialty chemicals company. As of 2021, Clariant's Executive Committee is made up of Conrad Keijzer (CEO), Hans Bohnen (Executive VP and COO), Bernd Hoegemann (Executive VP and Chief Transformation Officer), and Stephan Lynen (Executive VP and CFO).

History

Clariant was founded in 1995 by Martin Syz as a spin-out of Sandoz AG's Chemical division. At its inception, Syz served as the company's CEO, with Rolf W. Schweizer as Chairman of the Board of Directors. Clariant cites both men as being "key figures" in their founding phase.

Clariant acquired Zipperling Kessler & Co. in 1996 and Specialty Chemicals of Hoescht AG in 1997, with the latter acquisition quadrupling their number of employees and pushing sales to almost 10 billion swiss francs. In 1998, Clariant adopted the company slogan "Exactly Your Chemistry," and bought companies based in Mexico and Korea. Rolf W. Schweizer also took on the responsibility of CEO after a previously announced merger with competitor Ciba fell through at the end of the year.

Hoest AG sold its 45% stake in Clariant in 1999. In 2000, Clariant acquired the specialty chemicals company British Tar Products (BTP) on what the company called "much too costly terms." The move had significant impact on Clariant's balance sheet for many years afterward. As a result of the BTP acquisition, Clariant had to divest several parts of its business operations in the years following. The position of CEO changes hands many times in the aftermath of the BTP deal.

Clariant began to see improvements in 2003 and onward under the leadership of CEO Roland Lösser, who manages the company's balance sheet and reduces costs. In 2006, Clariant acquired Ciba Masterbatches. During the 2008 financial crisis, chemist Hariolf Kottman became Clariant's CEO, a move the company calls a "turning point." The years after this are marked by mass restructuring, with Clariant separating their four divisions into eleven business units, closing small and unprofitable locations and moving their headquarters to Clarient tower in Pratteln.

Clariant made many acquisitions in the US, Canada, and Germany in 2011, and began further specialization in the years following. This includes building a 6,000 square meter Biotech facility near Munich in 2015 and employing more than one hundred specialists there. After a failed merger with US chemical company Huntsman in 2017, Clariant continued to shift organizational structures around the company. In 2020, Clariant successfully sold the masterbatches business to Avient (formerly PolyOne) and selected Conrad Keijzer as its new CEO, a position he started on January 1, 2021.

Industries

Clariant has offices in over fifty countries and is a global provider of specialty chemicals in a wide variety of industries:

  • Agriculture and Animal Feed
  • Automotive and Transportation
  • Aviation
  • Building and Construction
  • Chemical Intermediates
  • Coatings, Paints and Inks
  • Consumer Goods
  • Digital Printing
  • Electronics
  • Food, Beverage, and Edible Oil
  • Home Care
  • Industrial Manufacturing
  • Mining
  • Oil and Gas
  • Packaging
  • Personal Care
  • Plastics and Polymers
  • Refinery and Petrochemicals
  • Textile
  • Waste Management

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

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Author
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Date
No Further Resources data yet.

References

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