Clariant to acquire Indian masterbatch producer

Clariant intends to acquire Plastichemix Industries, a masterbatch business in India, located in Vadodara with production facilities in Rania, Kalol and Nandesari in Gujarat (India). Plastichemix Industries is a leading supplier of black, white, filler and colour masterbatches, additive masterbatches, flushed pigments and mono-concentrates as well as engineering plastics compounds. With this acquisition, Clariant Chemicals (India) Limited (CCIL) gains a leading position in the masterbatches business in India. The deal enables the company to offer a strong and extensive product portfolio with customized products and solutions and to expand its customer base significantly. As part of the future business approach an upgraded Technical Service Laboratory will be introduced to offer the market highly innovative and customised products.

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