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New Organizational Structure at Clariant

November 30, -0001

The three U.S. liquid-color plants acquired by Clariant Masterbatches Division from Rite Systems, Inc. last year will continue in operation as the Rite Systems Business Unit of Clariant Masterbatches. The announcement was made by Steve Snow, head of Clariant Masterbatches North America, who also reported that Drew Babcock, a founder and managing partner of Rite Systems, has been named head of Liquid Color, Rite Systems Business Unit, Clariant Masterbatches North America.

Ricon Colors, Inc., the granular masterbatches business purchased along with Rite Systems, will be absorbed into the existing Clariant Masterbatches organization.

Mr. Snow also confirmed other key personnel appointments. Mr. Babcock will have operational responsibility for the three liquid production sites, which are located in West Chicago, IL; Chino, CA; and Mooresville, NC; and will direct sales responsibility of liquid masterbatches throughout North America. In addition, he will continue in his role as key account manager for several strategic customers.

Ray Sloan, also a managing partner of Rite Systems, becomes business manager, Liquid Color-Southeast, Rite Systems Business Unit, Clariant Masterbatches. Reporting to Mr. Babcock, he will continue to oversee the Mooresville, NC, plant, while assuming increased responsibility for dedicated liquid color sales and marketing management in North America. He will also continue in his role as key account manager.

Gerry McDonnell, formerly president of Ricon Colors, has been named business director, Clariant Masterbatches North America. Working from offices in West Chicago, he will be responsible for integrating the Ricon business into the Clariant Masterbatches divisional structure. Mr. McDonnell will have operational and sales management accountability for the West Chicago granular masterbatches business and, in that role, also continue to manage selected key accounts.

Mike McDonnell, who formerly had finance and sales responsibilities as a Rite Systems partner, has been appointed director of special projects, Clariant Masterbatches North America. He has been tasked with creating and implementing strategic programs to bring added value to customers through the application of liquid and granular masterbatch technology.
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