Financial News

Clariant Grows Sales in First Half of 2019

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By: TOM BRANNA

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Clariant, a specialty chemical company, said first-half sales totaled approximately $2.28 billion, which corresponds to organic growth of 4%. Both higher volumes and pricing contributed to this expansion.

For the first half year, almost all regions contributed to the continuing operations sales growth in local currency. Sales in Latin America grew the strongest by 10%, followed by the Middle East and Africa at 8%. In Asia and Europe, sales development was up 5% and 4%, respectively. China, however, was down by 9% while North America reported a contraction of 3%. 

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