Clariant welcomes Sūd-Chemie employees to the team

06-Jul-2012 - With events at all 18 German sites, Clariant is welcoming Süd-Chemie employees in Germany to the team. Dr. Ulrich Ott, country manager for Germany and head of the Europe region, greeted the new Clariant employees via video message. Germany is the first country in which the integration of ...

Süd-Chemie and LG Chem to jointly manufacture high quality LFP

14-Dec-2011 - Dr. Günter von Au, Chairman of the Managing Board (CEO) of Süd-Chemie AG, Munich/Germany, and Peter Bahnsuk Kim, Vice Chairman and Chief Executive Officer (CEO) of LG Chem, Ltd., Seoul/Korea, have signed a Memorandum of Understanding (MoU) to establish a joint venture for high volume production ...

Süd-Chemie General Meeting approves squeeze-out

24-Nov-2011 - At a General Meeting held by Süd-Chemie AG, Munich, the transfer of all shares held by minority shareholders to the majority shareholder Clariant AG, Muttenz, Switzerland was approved in exchange for reasonable cash compensation (so-called squeeze-out) amounting to EUR 125.26 per Süd-Chemie ...

Clariant Q3, 2011 Performance

Operationally on track, Süd-Chemie on target

02-Nov-2011 - Clariant announced sales of CHF 1.865 billion in the third quarter 2011, compared to CHF 1.709 billion in the previous year. This includes Süd-Chemie (SC) sales of CHF 356 million. In local currencies, sales growth amounted to 25%. In Swiss francs, year-on-year sales were only 9% higher as the ...

Süd-Chemie: Squeeze-out cash compensation determined

14-Sep-2011 - The majority shareholder of Süd-Chemie AG, Clariant AG Muttenz/Switzerland, informedthe Süd-Chemie Managing Board that it will provide cash compensation for the transfer of the shares of the Süd-Chemie minority shareholders to Clariant AG, the majority shareholder, in the amount of EUR 125.26 per ...

Süd-Chemie subsidiary Phostech continues its operations with battery material LFP despite negative judgement of the Canadian Federal court of appeal

24-Aug-2011 - Despite a decision delivered on August 17th 2011 by the Canadian Federal Court of Appeal that a process used by Süd-Chemie’ Canadian subsidiary Phostech Lithium at its plant of St-Bruno, Canada, violated a patent of Valence Technology Inc. there is no significant impact on the business of ...

Framework in place for faster market penetration of LFP

Hydro-Québec, Université de Montréal, Centre National de la Recherche Scientifique (CNRS) and Süd-Chemie agree on the issuing of sublicenses for LMP/LFP battery material

06-Jul-2011 - The owners of the rights to key patents on lithium metal phosphate, including lithium iron phosphate (LMP/LFP), and related battery materials, in conjunction with Süd-Chemie AG, Munich, have established a new foundation for broad-based, global marketing of these materials. LMP/LFP is an ...

Clariant initiates squeeze-out process for Süd-Chemie

28-Jun-2011 - Clariant announced that it has initiated the squeeze-out procedure to acquire all of the remaining shares of Süd-Chemie AG from minority shareholders according to the German Public Company Act (“Aktiengesetz” § 327a).After expiry of the mandatory public offer on June 14, Clariant now owns 11 679 ...

Changes in the Managing Board at Süd-Chemie AG

23-Jun-2011 - As part of Süd-Chemie´s integration into the Clariant Group, the Supervisory Board of Süd-Chemie AG, Munich, Germany restructured the company´s Managing, reducing the number of board positions from four to three.Dr. Günter von Au (59), Managing Board Chairman since 2004, is to remain Chairman of ...

Süd-Chemie AG´s Managing Board and Supervisory Board recommend acceptance of takeover bid from Clariant

03-Jun-2011 - The Managing Board and the Supervisory Board of Süd-Chemie AG, Munich, published their joint statement on the takeover offer made to Süd-Chemie AG shareholders by Clariant Verwaltungsgesellschaft mbH, Frankfurt am Main and on the offer document published on 17 May 2011. Applying various valuation ...