Key elements in this growth strategy, which holds tailor-made elements for the various business areas including catalysts, oil and mining services, additives, pigments and industrial and consumer specialties, include advancing its R&D competencies, a CAPEX investment of $250 million to further increase both its manufacturing footprint and technical capabilities, and the leveraging of shale gas opportunities.
“Clariant is proud of its achievements to date in North America and is excited about its plans for growth over the next four years,” said Deepak Parikh, Clariant’s head of Region North America. “In addition to investing further in R&D and manufacturing, we will invest in critical talent acquisition and development to upskill our organization. Our aim is to create a stronger growth mindset, and to enhance this by leveraging local insight and formulating those key partnerships so necessary for successful growth.”
Clariant North America will be at the American Coatings Show, which takes place April 10-12 in Indianapolis; and the National Plastics Event (NPE), which runs from May 7-11 in Orlando.