Clariant AG CLN.ZU

Clariant was formed in 1995 as a spin-off from the chemical company, Sandoz, which was itself established in Basel in 1886. This specialty chemical company is headquartered in Muttenz, Switzerland. The company offers a range of innovative solutions for customers from many industries.

Clariant operates through four business areas: Care Chemicals, Natural Resources, Catalysis, and Plastics and Coatings. Clariant business units include Additives, Catalysts, Functional Minerals, Industrial and Consumer Specialties, Masterbatches, Oil and Mining Services, Pigments, and New Businesses.

In 2019, the company announced that it is introducing a new system for moulding and laser marking ear tags used for identifying cattle and other livestock, which was developed together with Coherent, Inc., a leading laser technology company. That same year, Clariant’s Catalysts business unit opened its third location for Engineering Services in Asia-Pacific, bringing the global total to 16 offices.

The company’s financial results for the first nine months of fiscal 2019 include reported continuing operations sales of CHF 3.272 billion. Interested in learning more about this instrument? Follow it on eToro for news and updates on the current CLN.ZU value.