June 1, 2023
(press release)
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MUTTENZ, JUNE 1, 2023 – Clariant, a sustainability-focused specialty chemical company, today announced it has completed the divestment of its global Quats business to Global Amines Company Pte. Ltd., a 50/50 joint venture owned by Clariant and Wilmar, Asia’s leading agricultural business and oleochemicals business globally. The transaction was signed on August 31st, 2022, and the sale of the business includes certain assets in Germany, Indonesia, and Brazil. Quats are quaternary ammonium compounds, a group of chemicals used for a variety of purposes including as preservatives, surfactants, and as antistatic agents. Quats are used in a wide range of commercial, industrial, and consumer products. The business maintains an excellent reputation as a leading supplier of quats with proprietary technology and a good service reputation. Clariant has transformed its portfolio in recent years in line with its purpose-led strategy. This divestment serves the continuous optimization of Clariant's true specialty chemical portfolio.
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