Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 Ciba Sells Masterbatch - Nonwovens Industry

What are you searching for?

Sign in
Nonwovens News

Ciba Sells Masterbatch

Author Image

By: Karen McIntyre

Editor, Nonwovens Industry

Ciba Specialty Chemicals will sell its Masterbatch business to Clariant for an undisclosed price. The divestment, which will close during the fourth quarter, will affect 300 employees, who will transfer to Clariant, based in Basel, Switzerland. The Masterbatch business, with sales of CHF80 million, has operations in Malaysia, Saudi Arabia and France.

Ciba is selling the Masterbatch business as part of an effort to strengthen its focus on core businesses: plastic additives, coating effects and water and paper treatment.  Within the plastics market, Ciba will continue to leverage core competencies in the research, development, manufacturing and distribution of high performance additives and pigments.

Add us as a preferred source on Google

Get the latest Nonwovens Industry news, insights and analysis in your Google Search and AI experiences.

Add Nonwovens Industry as a preferred source on Google (opens in a new tab)

Keep Up With Our Content. Subscribe To Nonwovens Industry Newsletters