Clariant Sells Detergents & Intermediates Business to ICIG
February 7, 2014
Clariant has closed the $63 million sale of its detergents & intermediates business to International Chemical Investors Group (ICIG). Nearly a third of the transaction was cash. According to Clariant, the divesture enables the company to focus on exploiting its strong market positions and intensify growth by focusing on customers and innovation.