News

Clariant sells Clariant Polymers K.K. to Nippon Synthetic Chemical Industry

29/11/2004

Chemical giant Clariant has announced the sale of its Japanese emulsions manufacturer Clariant Polymers K.K. to the Nippon Synthetic Chemicals Industry Co. Ltd for ¥2.4 billion ($2.33 million).

 

Clariant Polymers K.K. is a manufacturer and distributor of liquid and powder emulsions that are used in numerous applications primarily in the construction industry. All 110 employees will be transferred to the purchasing company. Together with the manufacturing plant in Ogaki and R&D laboratories in Shizouka the company generated sales of approximately ¥5 billion Yen $4.8 million) in 2003.

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