Clariant completes the sale of its Energy Storage Business
Clariant announced the completion of the sale of its Business Line Energy Storage to Johnson Matthey Plc, which was announced on October 29th,2014. The sale was closed on February 28th 2015.
“The divestment of the Energy Storage business with its LFP technology is part of our focused portfolio management and reallocating capital towards our core areas Care Chemicals, Catalysis and Energy, Natural Resources, and Plastics and Coatings,” said Hariolf Kottmann, CEO of Clariant.
The total consideration of the sale amounts to USD 75 million.
Most read news
Organizations
Other news from the department business & finance

Get the chemical industry in your inbox
By submitting this form you agree that LUMITOS AG will send you the newsletter(s) selected above by email. Your data will not be passed on to third parties. Your data will be stored and processed in accordance with our data protection regulations. LUMITOS may contact you by email for the purpose of advertising or market and opinion surveys. You can revoke your consent at any time without giving reasons to LUMITOS AG, Ernst-Augustin-Str. 2, 12489 Berlin, Germany or by e-mail at revoke@lumitos.com with effect for the future. In addition, each email contains a link to unsubscribe from the corresponding newsletter.
Most read news
More news from our other portals
Last viewed contents
Mark Sutherland Joins Grace as Vice President, Investor Relations

Brenntag achieves very strong results in first quarter 2021 - Successful start of the two new global divisions Brenntag Essentials and Brenntag Specialties with strong results
Labfolder signs agreement with Max Planck Society - Contract provides up to 11,000 Max Planck scientists access to use labfolder for digital laboratory data management

Record-breaking material that contracts when heated
Christian Kohlpaintner leaves Clariant
AkzoNobel to expand colloidal silica capacity in Sweden

New discovery: Nanometric imprinting on fiber
Sika AG: Still growing strong

Carlo Erba Reagents S.r.l. - Cornaredo, Italy
