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Clariant Chemicals acquires Carbon Black Business for Rs 13.5 crore

01 Apr 2015 Evaluate

Clariant Chemicals (India), a world leader in Specialty Chemicals, has acquired the ‘Carbon Black Business’ from Lanxess India, comprising of the Carbon Black Dispersion plant located at Nagda, India together with its respective assets, liabilities and employees as going concern on a slump sale basis for a lump sum consideration of Rs 13.5 crore, effective from April 1, 2015.

Clariant Chemicals (India) represents a valuable repository of manufacturing and marketing experience. Its constituents were all well respected companies who played an invaluable role in the development of the textiles, leather, paints, plastics, printing inks and agrochemicals industries in India.

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