Packaged water consumption to overtake carbonates in 2015

India to consume 50% of additional packaged water

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Global consumption of bottled water will overtake carbonates in 2015

The second strategic acquisition for Clariant in India over the past yearClariant India acquires Lanxess’ black pigment preparations portfolioClariant, a world leader in specialty chemicals, announced on 31 March 2015 that it has acquired the black pigment preparations portfolio of Lanxess, located at Nagda, Madhya Pradesh. This product line of Lanxess manufactures black pigment preparations used for processing of viscose fibre, which goes in the manufacture of mainly viscose-based apparels, knitwear, towels, bed-linen and more. With this acquisition, Clariant in India gains additional pigment preparation capacity to cater to a larger, wider customer base.
Clariant, a world leader in specialty chemicals, has acquired the black pigment preparations portfolio of Lanxess, located at Nagda, Madhya PradeshCommenting on the acquisition, Deepak Parikh, vice-chairman and managing
director, Clariant Chemicals (India) said, “Over the last couple of
years we have made significant strides in building a value proposition
for our stakeholders by sharpening our business focus and increasing our
footprint in India. This was achieved through organic resource
optimisation and capitalizing on inorganic value opportunities.”

Sambit
Roy, regional director – marketing and sales (pigments), Clariant in
India said, “The pigment preparations business has been the mainstay of
our India operations and we continuously adapt product offerings to suit
evolving customer needs. This acquisition is a strategic decision to
expand distribution networks. We will upgrade technical services and
provide state-of-the-art technology in order to generate high quality
products to support our customers’ business growth.”

Clariant in
India has local pigment production activities at its plants Roha in
Maharashtra and Cuddalore in Tamil Nadu. In the year 2014, Clariant
invested in the expansion of its Roha pigments facility, thus
strengthening its commitment to India.