Clariant and Huntsman Corporation have presented a first update on the planned merger of equals, with the preparations to create HuntsmanClariant showing continued progress.
The merger is expected to close around December 2017 / January 2018.The merger brings together two strong specialty chemicals businesses and will generate complementarity benefits between Performance Products, Care Chemicals and Natural Resources, which represent approximately 35% of HuntsmanClariant combined sales and hold a comprehensive surfactants portfolio in high-end niche markets globally. It will have meaningful opportunities for growth including crossselling potential and new product applications. The complementary assets and geographic fit provide significant commercial opportunities and more global reach within established routes to market.
