Clariant International Ltd said that it targeting its cross-business growth strategy for North America to advance regional sales of about $2 billion by 2021. This would make North America the company’s second largest global market and represent about 25 percent of its global chemical investment.
Key elements in this growth strategy, which holds tailor-made elements for the various business areas including catalysts, oil and mining services, additives, pigments and industrial and consumer specialties, include advancing its R&D competencies, a CAPEX investment of $250 million to further increase both its manufacturing footprint and technical capabilities, and the leveraging of shale gas opportunities.
With 50+ sites, over 2,400 employees and a turnover of around $1.25 billion across the US and Canada, Clariant has already established itself as a significant specialty chemicals player in North America. The company’s 3 R&D and 6 technical innovation centers based from California to North Carolina and from Texas to Illinois – along with its leading university partnerships - are the backbones of its innovation drive for the North American market.
Clariant International Ltd said that it targeting its cross-business growth strategy for North America to advance regional sales of about $2 billion by 2021. This would make North America the company’s second largest global market and represent about 25 percent of its global chemical investment.
Key elements in this growth strategy, which holds tailor-made elements for the various business areas including catalysts, oil and mining services, additives, pigments and industrial and consumer specialties, include advancing its R&D competencies, a CAPEX investment of $250 million to further increase both its manufacturing footprint and technical capabilities, and the leveraging of shale gas opportunities.
With 50+ sites, over 2,400 employees and a turnover of around $1.25 billion across the US and Canada, Clariant has already established itself as a significant specialty chemicals player in North America. The company’s 3 R&D and 6 technical innovation centers based from California to North Carolina and from Texas to Illinois – along with its leading university partnerships - are the backbones of its innovation drive for the North American market.
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