Clariant has high hopes for HiFormer

By Frank Esposito
Senior Staff Reporter

Published: October 18, 2013 1:46 pm ET
Updated: October 18, 2013 2:00 pm ET

Related to this story

Topics Materials Suppliers, K 2013, Business News & Features
Companies & Associations Clariant International Ltd.

DÜSSELDORF, GERMANY — Clariant International Ltd. (Hall 8A/J11) plans to elevate its liquid masterbatch business with HiFormer, a new service unveiled by the firm at K 2013.

The system eventually will include all of the firm’s liquid masterbatch customers, Hans Bohnen, vice president and head of the masterbatches business unit, said in an Oct. 16 interview at the Düsseldorf show.

“We’re moving beyond the coloration of masterbatches,” he said. “Our goal is to double the [liquid masterbatch] business.”

HiFormer will tap into a global production and service network that includes 11 sites — three each in North America, Latin America and Asia Pacific, as well as single sites in Middle East/Africa and Europe.

Services provided by HiFormer will include product development, color matching and on-site implementation. Clariant’s liquid color products allow wider use in most polymers and manufacturing processes, officials said.

Muttenz, Switzerland-based Clariant entered the liquid color market in 2008 when it acquired Rite Systems of West Chicago, Ill. Bohnen said that, globally, liquid color is growing at more than double the rate of solid masterbatches. Although he said liquid “is still a niche” when compared with solids, it’s finding a home in packaging and consumer goods.

Liquid color also is increasingly popular in developing regions of the world, Bohnen said. “Those regions are more customer-driven and more eager to try new things,” he added. “And new manufacturing sites are free to make a decision on whether to use liquid or solid color. There’s no bias.”

Globally, masterbatch growth industrywide and at Clariant should check in at 4-6 percent in 2013, improving to 6-8 percent in 2014, Bohnen said. Those rates will be higher in Asia and other emerging regions, but lower in mature regions such as North America and Europe, he added.

At an Oct. 16 news conference at the show, Clariant officials also outlined some of the firm’s recent growth moves:

* Forming a masterbatch joint venture with Tasnee & Sahara Ole¬fins Co. of Riyadh, Saudi Arabia.

* Investing 10 million euros (US$13 million) in a masterbatch plant in Riyadh.

* Acquiring the organic pigment business of Jiangsu, China-based supplier Jiangsu Multicolor Fine Chemical Co. Ltd.

* Building a new world-scale pigment plant in Zhenjiang, China.

* Extending a pigment lab in Shanghai.

* Increasing capacity by 50 percent at a pigment plant in Roha, India.

* Building a new pigment plant in Tangerang, Indonesia.

* Opening a 100 million-euro ($130 million) innovation center in Frankfurt, Germany. The center represents the largest single R&D investment in Clariant history.

Executive committee member Christian Kohlpaintner stressed the importance of emerging markets in the Middle East, China and India to Clariant.

“The future of the company will be decided in these markets,” he said.

Clariant operates 11 business units and posted sales of about $6.6 billion in 2012.


Comments

Clariant has high hopes for HiFormer

By Frank Esposito
Senior Staff Reporter

Published: October 18, 2013 1:46 pm ET
Updated: October 18, 2013 2:00 pm ET

Post Your Comments


Back to story


More stories

Image

2014 leaves some resin firms in the black while others struggle

January 23, 2015 2:37 pm ET

On the financial side, 2014 was good for Hexcel Corp., so-so for Celanese Corp. and it could have been better for Omnova Solutions.    More

Image

Clariant's ColorForward predicts future consumer trends

January 23, 2015 1:33 pm ET

Clariant International Ltd. is marking a decade of color forecasting with the 10th edition of its ColorForward program.    More

Image

The future for PolyOne is colorful

January 23, 2015 1:28 pm ET

PolyOne Corp. is writing four color stories for 2016.    More

Image

Mexico's Polymer Solutions looks to grow, expand offerings with name change

January 23, 2015 12:03 pm ET

British biodegradable additives developer Symphony Environmental Technologies plc's Mexico distributor has changed its name from Plásticos...    More

Image

Ineos equipment failure may affect short-term PP supplies

January 21, 2015 4:27 pm ET

A recent equipment failure at a polypropylene resin plant operated by Ineos Group could affect short-term supplies of that material in North America.    More

Market Reports

Plastics in Automotive: Innovation & Emerging Trends

This special report newly released by PN and sponsored by The Conair Group examines current trends in the use of plastics in automotive, materials innovations and the changing landscape. It includes a review of legislative/regulatory activity impacting vehicle development and lightweighting, market opportunities & challenges for mold and toolmakers, innovative design strategies being implemented by major OEMs and suppliers, as well as a review of key indicators in Canada, Mexico, Brazil and China.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Injection Molding Market Analysis & Processor Rankings

Plastics News BUNDLED package contains our in-depth Market Analysis of the Injection Molding segment. You will gain keen insight on current trends and our economic outlook.

As a BONUS this includes PN's updated 2014 database of North American Injection Molders RANKED by sales volume. Sort, merge, mail & prospect by end market, materials processed, region, # of plants and more.

Learn more

Upcoming Plastics News Events

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events