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

Dow reaches agreement with Third Point

November 21, 2014 9:11 am ET

Dow Chemical Co. has reached an agreement with the investment firm that has been trying to force the company to sell off some assets.More

Image

Ineos making its UK shale play

November 21, 2014 9:29 am ET

Chemical giant Ineos Group AG is planning to be the biggest player in the United Kingdom's shale gas industry.    More

Image

Total to buy majority stake in Polyblend

November 20, 2014 10:04 am ET

French oil and gas giant Total SA will buy a 68 percent stake in Germany's Polyblend GmbH, a subsidiary of Polymer-Chemie GmbH.    More

Chase Plastics building new Indiana distribution center

November 18, 2014 11:13 am ET

Resin distributor Chase Plastics will invest $5.4 million to build a new distribution center in South Bend, Ind.    More

Image

Dow Corning opens European health care center

November 18, 2014 6:00 am ET

Dow Corning Corp. has opened an expanded health care application center at its European headquarters in Seneffe, Belgium.    More

Market Reports

Plastics in Brazil - State of the Industry Report

This in-depth report examines the Brazilian plastics industry from a historical and geographical context. Our analysts provide insight on economic trends and forecasts, growing manufacturing sectors that utilize plastics, private investment opportunities, market environment challenges, and innovations in R&D.

Data tables and charts on producer prices, trade, plastics production and end market indicators is also included.

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 Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

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

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events