Latest news with #Clariant
Cision Canada
09-07-2025
- Business
- Cision Canada
LBB Specialties Expands Distribution Partnership with Clariant to Support Puerto Rico's Life Sciences Market
NORWALK, Conn., July 9, 2025 /CNW/ -- LBB Specialties (LBBS), a leader in specialty chemicals and ingredient distribution in North America, is pleased to announce the expansion of its distribution partnership with Clariant, a global leader in the development and manufacturing of specialty chemical solutions. This expansion enhances LBBS's presence in Puerto Rico's robust Life Sciences sector, providing customers with local access to Clariant's pharmaceutical-grade excipients, including the VitiPure ™ product line. Under this expanded agreement, LBB Specialties will now support the Puerto Rico market with Clariant's full excipient portfolio, locally stocked inventory, and dedicated technical and commercial support on the island. This collaboration strengthens LBBS's ability to deliver high-purity, GMP-compliant excipients tailored for pharmaceutical and biopharmaceutical applications, including products designed for low endotoxin and tight microbial control. "Puerto Rico continues to be a preferred destination for companies establishing FDA-approved pharmaceutical manufacturing operations," said Seth Burns, Senior Vice President, Life Sciences at LBB Specialties. "By expanding our partnership with Clariant, we're reinforcing our commitment to supporting the region's Life Sciences ecosystem with best-in-class excipients and responsive local service. This expansion builds on our shared vision of advancing formulation innovation while ensuring supply chain reliability and technical excellence." "This expanded partnership with LBB Specialties represents a strategic advancement in our commitment to strengthening our global footprint," said Vaios Barlas, Head of Health Care at Clariant. "Local availability of our complete excipient portfolio directly addresses the needs of this important market. Clariant values LBBS's established presence and technical capabilities in Puerto Rico, which complement our focus on delivering pharmaceutical-grade ingredients that meet the highest quality and regulatory standards." For more information about Clariant's excipient solutions in Puerto Rico, please contact LBB Specialties today. About LBB Specialties LBB Specialties is a leader in North American specialty chemicals and ingredients distribution. It is a diversified supplier serving end markets including care, food & nutrition, industrial specialties, and life sciences. About Clariant Clariant is a focused specialty chemical company led by the overarching purpose of "Greater chemistry – between people and planet." By connecting customer focus, innovation, and people, the company creates solutions to foster sustainability in different industries. On 31 December 2024, Clariant totaled a staff number of 10 465 and recorded sales of CHF 4.152 billion in the fiscal year for its continuing businesses. Since January 2023, the Group conducts its business through the three Business Units Care Chemicals, Catalysts, and Adsorbents & Additives. Clariant is based in Switzerland. Clariant Health Care is a leading high-quality solution partner for the global pharmaceutical industry, with a strong portfolio of top-performing excipients and active pharmaceutical ingredients (APIs), backed by operational excellence and years of experience in regulatory affairs.
Globe and Mail
09-06-2025
- Business
- Globe and Mail
High-performance Additives Market Insights 2025-2029: Global Expansion, Revenue Trends, and Strategic Growth Plans
The High-performance Additives Market is witnessing steady growth driven by demand across automotive, construction, and electronics sectors. Innovation in material science and environmental regulations are shaping product development. Key players like BASF, Evonik, and Clariant continue to lead through advanced additive solutions. The High-performance additives market size is projected to grow from USD 14.02 billion in 2024 to USD 20.11 billion by 2029, registering a CAGR of 7.5% during the forecast period. The report explores comprehensive and insightful Information about various key factors like high-performance additives market Growth, demand, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. High-performance additives are chemical substances that are utilized to improve the properties of materials, enhancing durability, efficiency, and performance across different applications. They play an important role in industries like the automotive and medical sectors, where material strength, resistance, and functionality are vital. Demand stems from the requirements for improved material properties, compliance with regulations, and sustainability. Formulations need additives for better durability, efficiency, and wear, heat, and weather resistance. Enforcing environmental rules makes manufacturers consider more environmentally friendly, low-emission products, further boosting advanced additives usage. Download PDF Brochure: Stabiizers is anticipated to be the largest segment in High-performance Additives Market segment, by product type, during the forecast period. Stabilizers account for the largest share in the market for high-performance additives because they play a vital role in avoiding degradation of materials when exposed to heat, ultraviolet radiation, oxidation, and mechanical stress. Stabilizers contribute to sustaining the structural stability and durability of materials so that their properties are maintained over a longer period. Ongoing R&D in stabilizer formulating has made them more effective, and materials are able to endure more stressful conditions. Performance specifications and regulatory standards have also pushed the innovation of stabilizers with improved stability and efficiency. While, fillers are the second-largest segment due to their capability to improve significantly the physical and mechanical properties of materials and maximize production costs. Through increased strength, stiffness, and thermal stability, fillers improve the overall performance of materials without compromising quality. Performance additives is anticipated to be the largest segment in High-performance Additives Market, by function, during the forecast period. Performance additives are the leading segment in the high-performance additives market because they play a central role in their ability to impart functional properties to materials, optimize durability, and provide maximum performance under diverse operating conditions. Such additives deliver critical features like strength increase, heat, UV stability, chemical resistance, and anti-aging, features that are simply vital to enable material integrity under long-term stress. As industries look for materials with better mechanical, thermal, and chemical properties, the application of performance additives increases enormously. Emerging advancements in the field of material science have established highly specialized performance additives that focus on changing technological demands, even propelling more market growth. Whereas processing additives account for the second-largest segment because they directly contribute to refining manufacturing efficiency, enhancing material processability, as well as curbing production expenditures. Automotive is anticipated to be the largest segment in the High-performance Additives Market, by end-use industry, during the forecast period. The automotive industry accounts for the largest share in the high-performance additives market, led by the growing demand for advanced tire technologies. High-performance additives are vital for improving the durability, safety, and efficiency of tires, which are a vital part of any vehicle. Modern tires need highly specialized additives like anti-ozonants, processing aids, and reinforcing fillers to enhance their resistance to wear and tear, high and low temperatures, and weather conditions. With increased usage of electric vehicles (EVs) and high-performance sports cars, the demand for high-performance tire formulations has risen, as such vehicles require exceptional grip, lower noise, and higher durability. In addition, with the development of smart tires, equipped with sensors to monitor pressure, temperature, and wear characteristics in real time, there has been a further expansion of the dependency on high-performance additives to provide maximum performance. Asia Pacific is expected to be the largest region in the global High-performance Additives Market, by region, during the forecast period. Asia-Pacific is the largest player in the market for high-performance additives owing to its robust manufacturing hub, proximity of raw materials, and fast industrialization. The region consists of a few of the world's largest automobile manufacturers, such as China, Japan, India, and South Korea, which generate large demand for high-performance additives, especially for tire manufacturing. With growing urbanization, higher disposable incomes, and an expanding middle-class base, the automobile demand has grown, triggering higher consumption of high-performance tire technologies that necessitate high-performance additives. The second-largest contribution to the high-performance additives market comes from North America, underpinned by superior technological prowess, robust R&D expenditure, and emphasis on high-quality material production. High-performance Additives Companies To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the High-performance Additives Market. BASF (Germany), CLARIANT (Switzerland), Evonik Industries AG (Germany), LANXESS (Germany), Arkema (France), Avient Corporation (US), Solvay (Belgium), SI Group, Inc. (US), SABIC (Saudi Arabia), Synthomer plc (UK), and Cabot Corporation (US). Evonik Industries AG, established in 2007, is one of the world leaders in specialty chemicals headquartered in Essen, Germany. Evonik's business portfolio comprises five distinct segments: Smart Materials, Nutrition & Care, Specialty Additives, Performance Materials, Technology & Infrastructure. The company manufactures high-performance additives under its Smart Materials and Specialty Additives division. Evonik maintains a significant global presence, operating in more than 100 countries and generating 83% of its sales outside Germany. The company has production facilities at 104 locations across 27 countries on six continents. Its largest production sites are in Marl, Wesseling, and Rheinfelden (Germany), Antwerp (Belgium), Mobile (Alabama, USA), Shanghai (China), and Singapore. Evonik organizes its operations into four regions: Europe, Middle East & Africa, North America, Asia Pacific, Central & South America. The company is expanding its presence through targeted investments and partnerships that align with its sustainability and growth objectives. A key initiative is the major expansion of its precipitated silica production at its Charleston site in South Carolina, set to commence operations in 2026. This expansion will increase production capacity by 50%, catering to the rising global demand for silica, particularly in green tire manufacturing, where it enhances fuel efficiency and reduces CO2 emissions. By incorporating circular raw materials, Evonik is reinforcing its commitment to sustainability while lowering the carbon footprint of its operations. LANXESS is a prominent German specialty chemicals company headquartered in Cologne, established in 2004 following a spin-off from Bayer AG. The company operates through three primary segments: Advanced Industrial Intermediates, Specialty Additives, and Consumer Protection. The Specialty Additives segment encompasses three business units: Polymer Additives, Lubricant Additives, and Rhein Chemie. The company manufactures high-performance tire additives through its Rhein Chemie business unit. The company employing approximately 12,400 people across 32 countries and operating at 60 production sites worldwide. LANXESS serves diverse markets across Europe, Asia Pacific, South America, and North America, emphasizing sustainability and innovation. LANXESS has positioned itself as a leader in sustainable innovation with the introduction of Vulkanox HS Scopeblue, a next-generation rubber additive designed to enhance the durability and environmental performance of tires. By incorporating 55% sustainable raw materials and leveraging biocircular acetone and renewable energy, LANXESS is set to reduce the product's carbon footprint by over 30% compared to conventional alternatives. Manufactured in an ISCC PLUS-certified facility in Germany, Vulkanox HS Scopeblue exemplifies the company's commitment to sustainability under the Scopeblue label, which signifies products with a low carbon footprint or high circular material content. About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
Reuters
27-05-2025
- Business
- Reuters
Clariant vows to fight ethylene purchasing lawsuit filed by OMV
May 27 (Reuters) - Switzerland's Clariant (CLN.S), opens new tab said on Tuesday it has received a 1-billion-euro ($1-billion) damages claim by Austrian energy company OMV ( opens new tab alleging infringement of competition law on the ethylene purchasing market. "Clariant firmly rejects the allegation and will adamantly defend its position in the proceedings," it said in a statement. Clariant said it was one of four companies targeted by the claim. ($1 = 0.8791 euros)
Yahoo
27-05-2025
- Business
- Yahoo
Clariant rejects OMV's allegations against four companies related to the 2020 competition law infringement
AD HOC ANNOUNCEMENT PURSUANT TO ART. 53 LRMuttenz, 27 May 2025 Clariant, a sustainability-focused specialty chemical company, today announced that on 26 May 2025, the company received a claim for damages against four companies, including Clariant, from OMV with the court of Amsterdam, The Netherlands. The claim alleges damages totaling to around EUR 1 billion in relation to infringement of competition law on the ethylene purchasing market which was sanctioned by the European Commission in July 2020. Clariant firmly rejects the allegation and will adamantly defend its position in the proceedings. Clariant has substantiated economic evidence that the conduct of the parties did not produce any effect on the market. CORPORATE MEDIA RELATIONS Jochen DubielPhone +41 61 469 63 63 Ellese CaruanaPhone +41 61 469 63 63 Luca LavinaPhone +41 61 469 63 63 Follow us on X, Facebook, LinkedIn, Instagram. INVESTOR RELATIONS Andreas SchwarzwälderPhone +41 61 469 63 73 Thijs BouwensPhone +41 61 469 63 73 This media release contains certain statements that are neither reported financial results nor other historical information. This document also includes forward-looking statements. Because these forward-looking statements are subject to risks and uncertainties, actual future results may differ materially from those expressed in or implied by the statements. Many of these risks and uncertainties relate to factors that are beyond Clariant's ability to control or estimate precisely, such as future market conditions, currency fluctuations, the behavior of other market participants, the actions of governmental regulators and other risk factors such as: the timing and strength of new product offerings; pricing strategies of competitors; the company's ability to continue to receive adequate products from its vendors on acceptable terms, or at all, and to continue to obtain sufficient financing to meet its liquidity needs; and changes in the political, social and regulatory framework in which the Company operates or in economic or technological trends or conditions, including currency fluctuations, inflation and consumer confidence, on a global, regional or national basis. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this document. Clariant does not undertake any obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date of these materials. Clariant is a focused specialty chemical company led by the overarching purpose of 'Greater chemistry – between people and planet.' By connecting customer focus, innovation, and people, the company creates solutions to foster sustainability in different industries. On 31 December 2024, Clariant totaled a staff number of 10 465 and recorded sales of CHF 4.152 billion in the fiscal year. Since January 2023, the Group conducts its business through the three Business Units Care Chemicals, Catalysts, and Adsorbents & Additives. Clariant is based in Switzerland. Attachment Clariant Ad hoc Release_Rejection of OMV Damage Claim 20250527 ENError while retrieving data Sign in to access your portfolio Error while retrieving data
Yahoo
27-05-2025
- Business
- Yahoo
Clariant rejects OMV's allegations against four companies related to the 2020 competition law infringement
AD HOC ANNOUNCEMENT PURSUANT TO ART. 53 LRMuttenz, 27 May 2025 Clariant, a sustainability-focused specialty chemical company, today announced that on 26 May 2025, the company received a claim for damages against four companies, including Clariant, from OMV with the court of Amsterdam, The Netherlands. The claim alleges damages totaling to around EUR 1 billion in relation to infringement of competition law on the ethylene purchasing market which was sanctioned by the European Commission in July 2020. Clariant firmly rejects the allegation and will adamantly defend its position in the proceedings. Clariant has substantiated economic evidence that the conduct of the parties did not produce any effect on the market. CORPORATE MEDIA RELATIONS Jochen DubielPhone +41 61 469 63 63 Ellese CaruanaPhone +41 61 469 63 63 Luca LavinaPhone +41 61 469 63 63 Follow us on X, Facebook, LinkedIn, Instagram. INVESTOR RELATIONS Andreas SchwarzwälderPhone +41 61 469 63 73 Thijs BouwensPhone +41 61 469 63 73 This media release contains certain statements that are neither reported financial results nor other historical information. This document also includes forward-looking statements. Because these forward-looking statements are subject to risks and uncertainties, actual future results may differ materially from those expressed in or implied by the statements. Many of these risks and uncertainties relate to factors that are beyond Clariant's ability to control or estimate precisely, such as future market conditions, currency fluctuations, the behavior of other market participants, the actions of governmental regulators and other risk factors such as: the timing and strength of new product offerings; pricing strategies of competitors; the company's ability to continue to receive adequate products from its vendors on acceptable terms, or at all, and to continue to obtain sufficient financing to meet its liquidity needs; and changes in the political, social and regulatory framework in which the Company operates or in economic or technological trends or conditions, including currency fluctuations, inflation and consumer confidence, on a global, regional or national basis. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this document. Clariant does not undertake any obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date of these materials. Clariant is a focused specialty chemical company led by the overarching purpose of 'Greater chemistry – between people and planet.' By connecting customer focus, innovation, and people, the company creates solutions to foster sustainability in different industries. On 31 December 2024, Clariant totaled a staff number of 10 465 and recorded sales of CHF 4.152 billion in the fiscal year. Since January 2023, the Group conducts its business through the three Business Units Care Chemicals, Catalysts, and Adsorbents & Additives. Clariant is based in Switzerland. Attachment Clariant Ad hoc Release_Rejection of OMV Damage Claim 20250527 ENError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
