Ciba Specialty Chemicals

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Ciba Specialty Chemicals is a chemical company based in and near Basel, Switzerland. It was formed as the non-pharmaceuticals elements of Novartis were spun out in 1997, following the merger in the previous year of Ciba-Geigy and Sandoz that created Novartis.

They make products in the following areas: Agriculture, Automotive, Construction & Pipes, Electronic materials, Extractive & Process Technologies, Home & Fabric Care, Inks & Graphics, Lubricants, Monomers & Water Soluble Polymers, Packaging, Paints and Coatings, Paper, Personal Care, Photo & Digital Imaging, Plastics & Rubber, Textiles & Fibers, Water treatment [1]

The company is listed on the SWX Swiss Exchange (stock symbol: CIBN).

History

Part of the merger agreement between Ciba Geigy and Sandoz was that the former's industrial chemicals business would be spun off as a separate business, leading to the formation of Ciba Specialty Chemicals plc.

In 2004 Ciba bought paper chemical manufacturer Raisio Chemicals from Raisio Group. In 2006, Ciba divested its Textile Dyes and Chemical Auxiliaries business in a sale to Huntsman Corporation