Clariant posts improved results but leather demand falls
14/02/2008
Despite facing increased pressure from rising raw material and energy prices, Swiss leather chemicals manufacturer Clariant achieved a solid performance in 2007, as a result of strong growth in Asia and Latin America, cost cutting measures and increasing prices by more than 1%. However, the company’s Leather Business failed to reflect the upward trend, as sales declined due to falling demand and overcapacity.
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