Chemicals
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16 Feb 2011
Clariant successfully completes restructuring in 2010; profitability to further improve in 2011
• Full-year sales up 13% in local currency and 8% in CHF
• Operating income margin before exceptional items of 9.8% compared to 4.1% in 2009
• Cash flow from operations of CHF 642 million after CHF 757 million in the previous year
• Net debt reduced from CHF 545 million in 2009 to CHF 126 million
• Net income amounted to CHF 191 million compared to a net loss of CHF 194 million in 2009
• 2011 Outlook: Clariant expects a stable business environment in 2011, with growth mainly coming from the emerging markets. Based on this scenario, Clariant forecasts local currency sales growth in the low single-digit range and an EBITDA margin before exceptional items above that of 2010.
10 Feb 2011
DSM ENGINEERING PLASTICS ANNOUNCES PRICE INCREASES ON ARNITEL AND ARNITE
As a result of continued escalations in the costs of key raw materials, DSM Engineering Plastics will increase prices on a global basis for its ARNITEL® and ARNITE® products. Effective 1 Feb 2011, DSM will increase prices for these products by at least 15% on a global basis.
Clariant Masterbatches releases 2012 trend analysis and color design tool
Lyon, France, February 8, 2011 ---- From February 7th to Feb 10th Aroma Performance enterprise, part of the Rhodia consumer chemical cluster, is present at Informex exhibit. The company is presenting for the first time its new product segment called: Crop Protection, Health and Specialties. This segment concerns intermediates and molecules for the crop protection, pharmaceutical and electronics markets.