“We are pleased to announce the agreement with Heubach and SK Capital for the sale of our Pigments business. This achievement represents a final step in the divestment program and portfolio repositioning announced in July 2018. We are confident that with Heubach and SK Capital, we have found the right owners of this business, for our customers, our colleagues, and our other stakeholders. Now our focus can fully be on growing revenue and profitability of our core Business Areas: Care Chemicals, Catalysis and Natural Resources”, said Conrad Keijzer, Chief Executive Officer of Clariant.
Johann Heubach, Chief Executive Officer of the Heubach Group, noted “We have been in pigments for more than 200 years. My late father and I set out to drive consolidation in the pigments industry, and the combination of Heubach and Clariant Pigments is a major milestone in this vision. The fit between Heubach and Clariant Pigments is perfect. The combination of industry leading technologies, a product portfolio serving a wide range of customer requirements and global production and service footprint will give the newly formed Heubach Group the ability to serve our global customer base in the coatings, plastics, inks and specialty applications fields with industry leading products and services.”
Aaron Davenport, a Managing Director of SK Capital, noted “Clariant Pigments is a premier global colorant solutions provider, and, together with our new partners, the Heubach Group and Clariant, we see a tremendous opportunity to create significant value for all stakeholders.”
Zeitgeist invokes the mood of the age and perhaps no feeling more closely reflects this spirit of the time than that we must salvage our planet. With sustainability as a guiding principle, Heubach’s 2023 Decorative Color Trends set a new direction in color and application techniques for decorative coatings. Read More
Paul Jagodzinski has been elected to serve a third term as chair of the board of directors of the American Chemical Society (ACS). The one-year term begins on Jan. 1, 2023. Read More
BOENNIGHEIM (ivs) LOWA, one of the leading outdoor shoe specialists, and the testing service provider Hohenstein are entering new territory together: the LOWA model LADY LIGHT GTX has been awarded the OEKO-TEX® LEATHER STANDARD certificate. Read More
Rainbows and sugar may conjure up images of a certain leprechaun-branded breakfast cereal. But now, researchers in ACS Nano report a kaleidoscope-like film for telling different sweeteners apart that displayed multiple colors when stretched by hand. When evenly stretched with a simple apparatus, the material enhanced the unique shifts in fluorescence intensity of 14 sugars tagged with a dye, distinguishing between them in beverages and sweat samples. Read More