Clariant

📢 #CustomerFocus is a core dimension of our purpose. Customer focus is about understanding, listening, and going above and beyond to deliver exception value. That’s why our Adsorbents Americas teams recently celebrated “Customer Service Week” with a mix of fun, learning, and commitment to excellence! From interactive activities to inspiring talks on innovation & sustainability, our #RealPeopleofClariant embraced the essence of #CustomerService. By prioritizing #CustomerExperience and fostering collaboration, we’re dedicated to building lasting relationships that drive success for everyone involved! #GreaterChemistry 💁 💁♂️

Clariant published its Q3 2024 financial results today and announced a resilient profitability despite the continued challenging market conditions. On a Group level, we reported 991 million Swiss francs of sales.   Looking at our business units, Care Chemicals sales increased 1% organically in local currency as volumes increased slightly, while pricing was stable. The acquisition of Lucas Meyer Cosmetics had a 4% impact versus Q3 2023. Sales in Catalysts decreased by 20% in local currency against a high comparison base in the prior year. The challenging global economic environment resulted in continued low customer operating rates, leading to shifts in the regular refill cycles in addition to the anticipated weak new-build activities in the industry. Finally, Adsorbents & Additives sales increased by 7% organically in local currency versus Q3 2023, driven by volume growth in the Additives segments.    For the full year 2024, we expect a low single-digit percent decline in local currency sales. The growth in Care Chemicals, also driven by the acquisition of Lucas Meyer Cosmetics, and in Adsorbents & Additives is expected to offset lower Catalysts sales only partially. We expect to report an EBITDA margin of around 16%. Big thanks to our teams for their hard work and commitment to safeguarding our profitability. 

Today, we published #Clariant’s Q3 2024 #FinancialResults, showing resilient profitability in a continued challenging environment.    Our Adsorbents & Additives and Care Chemicals businesses delivered growth, while maintaining pricing discipline in all sectors. However, lower-than-expected Catalysts volumes affected Group sales, EBITDA margin and our full year outlook.    With continued progress in our performance improvement programs, we confirm our 2024 profitability guidance and reaffirm our medium-term targets. I am looking forward to sharing more details on our strategy and medium-term outlook at our Investor Day next week in London.   I would like to thank our colleagues worldwide for their dedication and hard work, delivering growth in most businesses, and an overall resilient financial performance!

Conrad Keijzer spoke with Kai Rolker about our Q3 2024 #FinancialResults. Watch the video to learn Conrad's thoughts on the rebound in our Additives business, on the strong contribution of Lucas Meyer Cosmetics - by Clariant to our resilient performance, and on his shared history with Ben van Beurden, who was recently nominated as new Chairman and member of #Clariant's Board of Directors. #CEOinterview

📊 #FinancialResults: Clariant delivers resilient Q3 profitability in a continued challenging market environment. "We achieved growth in our Adsorbents & Additives and Care Chemicals businesses while maintaining pricing discipline in all businesses. However, lower than expected Catalysts volumes impacted Group sales, EBITDA margin, and our full-year sales outlook. The integration of Lucas Meyer Cosmetics - by Clariant remains well on track, while the sale of the Podari plant assets and the downsizing of the bioethanol business are progressing with lower financial impact than originally anticipated. With continued progress in our performance improvement programs, we confirm our 2024 profitability guidance and reaffirm our medium-term targets.” said CEO Conrad Keijzer. Full Media Release: https://lnkd.in/eCdPkhFK

🤔 What do footwear, glues, protective sports gear, wire insulation, and medical devices have in common? They all rely on key materials made from ethylene and acetic acid. Unfortunately, traditional production methods for these chemicals, such as steam cracking of ethane, are highly energy-intensive and release significant CO2 emissions. At #Clariant, we have developed an innovative solution: our high-performance OxyMax E #catalysts. We worked in close collaboration with Linde Engineering to develop these catalysts, which enable the EDHOX™ process. This process allows for the production of ethylene and acetic acid with significantly reduced CO2 emissions. It operates at lower temperatures, uses fewer raw materials, and can be powered by #RenewableEnergy. With our technology, we make everyday products more sustainable and enhance the efficiency of their production. Watch how we innovate for #GreaterChemistry! 🤩

📸 Great moments captured at our #MaleicAnhydride (MA) Seminar in Haikou, China! We brought our customers and partners into an immersive experience packed with innovation. 🗣️ The seminar featured groundbreaking insights on MA production, innovation, and digitalization, along with lively discussions and tech roundtables exploring the latest industry trends. 🚀 The best highlight? Introducing SynDane® 500 - our game-changing #catalyst series, and the most transformative breakthrough in Maleic Anhydride production since the 1950s! Developed from cutting-edge research, SynDane® 500 sets a new standard for MA performance. Ready to revolutionize production? We are! Thank you to all participants for making this seminar a success. Let’s keep leading the way in MA innovation! #️⃣ #InnovationInAction #GreaterChemistry #GreaterCatalyst

I am very pleased with the nomination of Ben van Beurden as Chairman and member of the Board of Directors of Clariant, pending shareholders’ approval at our upcoming Annual General Meeting on April 1st, 2025.   Ben served as CEO of Shell for nine years, with an exceptional track record in the energy and chemicals sectors. He led Shell through significant transformations, including the successful BG Group acquisition and the company’s net-zero strategy. Ben is also a Supervisory Board Member at Mercedes-Benz AG and he joined KKR as Senior Advisor for Climate Strategy, with a focus on energy transition investments. His deep understanding of the #ChemicalIndustry will be key as we continue to pursue our purpose-led growth strategy, positioning #Clariant as a leader in innovation and sustainable solutions.   At the same time, I would like to thank Günter von Au for his dedicated service and impactful contributions during his tenure as Chairman. Under his guidance, our company has successfully created and implemented our new purpose-led growth strategy: #GreaterChemistry - between people and planet.

Today, #Clariant’s Board of Directors has nominated Ben van Beurden as a candidate for the position of Chairman and as a member of the Board of Directors. Shareholders will vote on this nomination at the regular Annual General Meeting scheduled for April 1, 2025. If elected, Ben van Beurden would succeed Günter von Au, who would step down after serving as board member since 2012 and as Chairman since 2021. More details in the Media Release: https://lnkd.in/eHN3Fmfu

🙋🏻♀️Our team had a fantastic time at the annual SEPAWA Congress in Berlin, where the #PersonalCare & #HomeCare worlds came together! We showcased our dynamic and sustainable portfolios, offering innovative solutions that meet the needs of today’s conscious consumers. 🌍🌱 A highlight of the event was unveiling our latest laundry care concept with GlucoPure Sense, featured in a softening fabric spray, which attendees were eager to experience firsthand. 👋🏻 We also reintroduced TexCare, our sustainable soil release polymers, which generated strong excitement and positive feedback from visitors. #GreaterChemistry