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| Name | Symbol | Market | Type |
|---|---|---|---|
| Clariant Ag (PK) | USOTC:CLZNY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.78 | -6.20% | 11.80 | 11.50 | 12.77 | 11.80 | 11.63 | 11.75 | 1,702 | 21:03:24 |
From Dec 2019 to Dec 2024
ZURICH -- Clariant AG (CLN.VX) said Monday it and Wilmar International Limited (WLMIY) received the relevant merger clearances for the establishment of their 50-50 joint venture called "the global amines company", which is now in operation.
MAIN FACTS:
- The global amines company will be the global platform for production and sales of fatty amines and selected amines derivatives.
- The joint venture will be headquartered in Singapore with global sales, distribution and production affiliates.
- The joint venture has its own production capacities for amines in Germany and China, contributed by Clariant and Wilmar respectively, as well as access to amines capacities in Brazil and Mexico.
- For amine derivatives, the global amines company has access to around a dozen Multi-Purpose-Plants of Clariant all around the globe.
- Leveraging on the global reach and the individual strengths of Wilmar and Clariant, the global amines company will seek significant growth opportunities - in particular, in the markets of Industrial Care, Home Care and Personal Care.
-Zurich Bureau, Dow Jones Newswires, +41 43 443 80 47; zurichdjnews@dowjones.com
Order free Annual Report for Clariant AG
Visit http://djnweurope.ar.wilink.com/?ticker=CH0012142631 or call +44 (0)208 391 6028
Order free Annual Report for Wilmar International Ltd.
Visit http://djnweurope.ar.wilink.com/?ticker=SG1T56930848 or call +44 (0)208 391 6028
Order free Annual Report for Clariant AG
Visit http://djnweurope.ar.wilink.com/?ticker=US18047P1012 or call +44 (0)208 391 6028
Order free Annual Report for Wilmar International Ltd.
Visit http://djnweurope.ar.wilink.com/?ticker=US9714331074 or call +44 (0)208 391 6028
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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