News

Mixed results for Clariant in first half 2001

20/08/2001

Clariant AG has said it expanded its share of the global leather chemicals market during the first six months of the year and that the integration of the BTP leather business will soon begin to pay off.

In its half-year report, released last week, the Swiss specialty chemicals group also said its range of leather chemicals is now complete and successfully positioned. Profit margins in the leather chemicals division remained static year-on-year, as a rise in demand for shoe upper leather from Asia and the continued popularity of leather as a clothing material were countered by the effects of foot and mouth disease and depressed automotive sales.

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