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Clariant plans to manage its portfolio more actively

22 Apr '08

3 min read

Here at Clariant we have resolved to actively cooperate in the consolidation of these fragmented markets. In future, we will concentrate on those areas of our portfolio where we enjoy good market positions and solid returns. We will build on our leading position here not only through organic growth but also by means of acquisitions.”

Secher also highlighted the importance of both innovations in process improvements as well as innovations in new products and technologies. He mentioned an additive to improve the flow of biodiesel, a nanotechnology product that helps to minimize the economic impact of graffiti vandalism and temperature sensitive polymer dyes from renewable resources as recent examples.

Roland Lösser, the outgoing Chairman of the Clariant Board of Directors, set out the company's strategy in his speech. Referring to the high growth rates in the BRIC countries of Brazil, Russia, India and China, he explained that Clariant will focus more strongly on these markets in the future, but without neglecting the traditional markets in the US and Europe, which are set to remain the world's largest chemicals markets for decades to come.

With regard to the company's growth prospects for 2008, the Chairman of the Board of Directors explained the importance of closely monitoring economic developments. However, he said any negative trends had yet to affect Clariant's business performance and further growth is predicted for 2008.

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