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December 17, 2013
Clariant to acquire Indian masterbatch producer
Clariant (Muttenz, Switzerland; www.clariant.com
) has announced the intention to acquire Plastichemix Industries, a masterbatch business in India, located in Vadodara with production facilities in Rania, Kalol and Nandesari in Gujarat, India. Plastichemix Industries is a supplier of black, white, filler and colour masterbatches, additive masterbatches, flushed pigments and mono-concentrates as well as engineering plastics compounds.
With this acquisition, Clariant Chemicals (India) Limited (CCIL) gains a leading position in the masterbatches business in India. The deal enables the company to offer an extensive product portfolio with customized products and solutions and to expand its customer base significantly. As part of the future business approach, an upgraded Technical Service Laboratory will also be introduced.