• Login
    • Join
  • FOLLOW:
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Exclusives
    • Top Companies
    • Printing Inks
    • Raw Materials
    • Equipment
    • Directories
    • Events
    • Jobs
    • More
  • Magazine
  • News
  • Exclusives
  • Top Companies
  • Printing Inks
  • Raw Materials
  • Equipment
  • Directories
  • Events
  • Jobs
  • Current / Back Issues
    Features
    Columns
    Editorial
    Digital Edition
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Subscribe Now
    Advertise Now
    eBook
    Top Features
    The 2022 Packaging Ink Report

    The UV Ink Market Continues to Thrive

    The Conductive Ink Market is Showing Growth

    The 2022 Resin Report

    EU Chemicals Sector Embarks on Transition Pathway
    Breaking News
    Distributor News
    Financial News
    Industry News
    Ink Manufacturers News
    Market Research
    Mergers and Acquisitions
    New Products
    Personnel
    Price Increases
    Printers News
    Suppliers News
    Live From Shows
    Top News
    Weekly Recap: INX’s New VC Fund, Flint Group and Siegwerk Lead This Week’s News

    The 2022 CPIPC Golf Outing Set for June 22

    NUtec’s NUbis Bulk Ink System Enables Continuous Printing

    Roland DGA President and CEO Andrew Oransky Named to Roland DG Board of Directors

    Save the Date: NAPIM Sets 2023 Annual Convention for March 24-27, 2023
    Top North American Companies
    Top International Companies
    Conductive Inks and Printed Electronics
    Graphic Arts Coatings
    Inkjet Inks and Toners
    Marking and Pad Printing Inks
    News Inks
    Packaging Flexo Inks
    Packaging Gravure Inks
    Publication Gravure Inks
    Publication Offset Inks
    Screen Inks
    Sheetfed Inks
    Specialty Inks
    UV and EB Inks

    NUtec’s NUbis Bulk Ink System Enables Continuous Printing

    Roland DGA President and CEO Andrew Oransky Named to Roland DG Board of Directors

    Kodak Reports 1Q 2022 Financial Results

    Kornit Digital Reports 1Q 2022 Results

    RadTech 2022 Highlights UV/EB Opportunities in Electronics
    Additives
    Energy-Curable Materials
    Flushed Colors and Pigments
    Metallics and Special Effects Pigments
    Resins
    Vehicles and Varnishes
    Waxes

    RadTech 2022 Highlights UV/EB Opportunities in Electronics

    Next Generation Evonik: Next Phase of Its Strategic Transformation

    Panels Will Be a Highlight of RadTech 2022

    RadTech 2022 Hosts Short Courses Today

    Arkema Reports First Quarter 2022 Results
    Energy-Curing Equipment
    Mills and Mixers
    Testing, Color and QC

    RadTech 2022 Highlights UV/EB Opportunities in Electronics

    ROSS Mixers Restored to Like-New Condition

    UV Curing System Market Worth $8.6 Billion by 2026: MarketsandMarkets

    byko-visc Offers New RT Rotational Viscometer

    Vuletech Becomes Sole Agent for IM GROUP in Vietnam
    Buyers Guide
    Distributor Guide
    European Ink Directory
    U.S. Ink Directory
    International Buyers Guide Companies
    Brilliant Group, Inc.

    Evonik Corporation

    Troy Corp.

    DCL CORPORATION

    Keim-Additec Surface USA, LLC
    Industry Events
    Live from Show Event
    Webinars
    Top Events
    Middle East Coatings Show 2022

    Labelexpo Americas 2022
    • Magazine
      • Current / Back Issues
      • Features
      • Editorial
      • Departments
      • Columns
      • Digital Edition
      • eNewsletter Archive
      • Editorial Guidelines
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Directory
      • Buyers Guide
      • Distributor Guide
      • European Ink Directory
      • U.S. Ink Directory
      • Trade Associations
    • Printing Inks
      • Conductive Inks and Printed Electronics
      • Graphic Arts Coatings
      • Inkjet Inks and Toners
      • Marking and Pad Printing Inks
      • News Inks
      • Packaging Flexo Inks
      • Packaging Gravure Inks
      • Publication Gravure Inks
      • Publication Offset Inks
      • Screen Inks
      • Sheetfed Inks
      • Specialty Inks
      • UV and EB Inks
    • Raw Materials
      • Additives
      • Energy-Curable Materials
      • Flushed Colors and Pigments
      • Metallics and Special Effects Pigments
      • Resins
      • Vehicles and Varnishes
      • Waxes
    • Equipment
      • Energy-Curing Equipment
      • Mills and Mixers
      • Testing, Color and QC
    • Top Companies
      • Top North American Companies
      • Top International Companies
    • Online Exclusives
    • Slideshows
    • Expert's Opinion
    • Videos
    • eBook
    • Podcasts
    • Blog
    • Infographics
    • Whitepapers
    • Jobs
    • Supplier Microsites
      • Companies
      • Literature / Brochures
      • Whitepapers
      • Product Spec Sheets
      • Videos
      • Jobs
    • Events
      • Industry Events
      • Live From Show Events
      • Webinars
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Breaking News

    Clariant to Purchase BASF’s US Attapulgite Business Assets for $60 Million

    BASF’s Attapulgite business assets to extend North American footprint in line with Clariant’s bolt-on acquisition strategy and sustainability focus.

    01.06.22
    Clariant has signed definitive agreements to acquire BASF’s U.S. Attapulgite business assets for $60 million in cash, including the signing of a long-term supply agreement for attapulgite-based products to BASF. The acquisition is subject to customary closing conditions and is expected to close in summer 2022.

    BASF’s Attapulgite business is one of the largest attapulgite miners and producers in North America, with mining operations in Georgia and Florida and processing operations in Quincy, FL. The business produces attapulgite-based products for a wide range of applications and end-markets. BASF’s business is well recognized in the industry for its unique combination of mineral quality, mine reserve size and strategic location.

    Clariant is a technology leader in the purification of edible oils and renewable fuels. The transaction will substantially increase the Business Unit’s production capacity in North America, thereby enhancing the ability to participate in the attractive North American market. Clariant offers unique technology for the purification of biodiesel, which reduces greenhouse gases in road transportation, and for the purification of pyrolysis oil, which enables the chemical recycling of plastics.

    The renewable fuels market in North America, based on waste streams like used cooking oils, tall oil, tallow, animal fats and distillers corn oil, is an attractive growth market. Adsorbent clays are a crucial enabler for growth as they play a key role in removing contaminants during the pretreatment, thereby protecting the catalyst and enabling a stable and economically viable process.

    “This acquisition fits very well with our growth strategy to grow through sustainability-focused innovations and bolt-on acquisitions. This acquisition will further nicely extend the footprint of our Functional Minerals business in North America and will further improve Clariant’s position in renewable fuels purification,” said Conrad Keijzer, CEO of Clariant. “Clariant is already seen as a sustainability and technology leader today and this acquisition will further improve Clariant’s position in renewable fuel purification.”

    Structured as an asset deal with a cash purchase price of $60 million, the transaction includes the transfer of land & mining rights, the processing facility, and inventories, which will be integrated into Clariant’s Functional Minerals Business Unit. Clariant welcomed 75 employees.

    BASF’s Attapulgite business generated sales of approximately $36 million in 2020.The transaction will accrete to the Natural Resource’s EBITDA margin profile and will support Clariant on its path towards its recently announced 2025 targets. Customary closing actions, including merger notification and clearance filings as well as real estate title work are anticipated to result in a closing of the transaction in summer 2022. 
    Related Searches
    • Additives
    Related Knowledge Center
    • Additives

    Related Breaking News

    • Additives | Breaking News | Suppliers News
      Next Generation Evonik: Next Phase of Its Strategic Transformation

      Next Generation Evonik: Next Phase of Its Strategic Transformation

      By 2030, Evonik aims to invest more than €3 billion in Next Generation Solutions - products with superior sustainability benefits.
      05.11.22

    • Additives | Breaking News | Suppliers News
      Arkema Obtains Certification for Its Advanced Bio-Based Materials

      Arkema Obtains Certification for Its Advanced Bio-Based Materials

      Arkema has been a global innovator in advanced materials derived from renewable castor seeds.
      04.26.22

    • Additives | Breaking News | Financial News | Suppliers News
      Evonik’s 1Q 2022 Significantly Above Expectations

      Evonik’s 1Q 2022 Significantly Above Expectations

      Adjusted EBITDA up 25% at €735 million, with higher costs successfully offset.
      04.25.22


    • Additives | Breaking News | Resins | Suppliers News | Sustainability
      BASF Confirms Climate Targets, Reduces Product-Related Emissions

      BASF Confirms Climate Targets, Reduces Product-Related Emissions

      Twenty-five percent reduction of CO2 emissions by 2030 compared with 2018 and net zero by 2050 targeted.
      03.29.22

    • Additives | Breaking News | Financial News | Ink Manufacturers News | Metallics and Special Effects Pigments | Suppliers News | Testing, Color and QC
      ALTANA Achieves Double-Digit Sales Growth in 2021

      ALTANA Achieves Double-Digit Sales Growth in 2021

      Sales up 22% to €2,667 million from the previous year, with EBITDA margin of 18%.
      03.21.22

    • Additives | Breaking News | Mergers and Acquisitions | Suppliers News
      Solvay Explores Separation into Two Independent Publicly Listed Companies

      Solvay Explores Separation into Two Independent Publicly Listed Companies

      EssentialCo to be an essential chemicals leader including additives with resilient cash generation.
      03.17.22


    • Additives | Breaking News | Ink Manufacturers News | Suppliers News
      CEPE Highlights Threat to Preservatives Availability

      CEPE Highlights Threat to Preservatives Availability

      Industry is increasingly concerned that current EU regulations and review processes are leading to more preservatives being phased out.
      02.22.22

    • Additives | Breaking News | Distributor News | Suppliers News

      PQ Corp. Expands Superior Materials Territory

      PQ is a ,eager in silica technology and teams with Superior’s 32-year record of handling synthetic silica.
      02.21.22

    • Additives | Breaking News | Suppliers News
      Evonik Helps Customers Produce More Sustainable Inks and Coatings

      Evonik Helps Customers Produce More Sustainable Inks and Coatings

      Evonik addresses seven handprint effects to benefit the entire value chain.
      02.16.22


    • Additives | Breaking News | New Products | Suppliers News
      Clariant Launches Range of 100% Bio-Based Surfactants

      Clariant Launches Range of 100% Bio-Based Surfactants

      Range of Vita surfactants and polyethylene glycols (PEGs) are fully based on bio-based, renewable carbon from plants.
      02.02.22

    • Additives | Breaking News | Personnel | Suppliers News
      Perstorp Appoints Ib Jensen as CFO

      Perstorp Appoints Ib Jensen as CFO

      Previous experience includes CFO and executive roles within finance and IT at companies such as Lonza, Syngenta, Danisco and LEGO.
      02.01.22

    • Additives | Breaking News | Personnel | Suppliers News
      Arxada to Appoint New CFO

      Arxada to Appoint New CFO

      Arxada announced that Ib Jensen has left the company to pursue another opportunity.
      01.31.22


    • Additives | Breaking News | Personnel | Suppliers News | Waxes
      Achala Danait Named Managing Director, Clariant India Limited

      Achala Danait Named Managing Director, Clariant India Limited

      New responsibilities are in addition to her role of leading innovation in Asia Pacific for the Business Unit Industrial & Consumer Specialties.
      01.19.22

    • Additives | Breaking News | Mergers and Acquisitions | Suppliers News
      Arxada Completes Merger with Troy

      Arxada Completes Merger with Troy

      The combination enables the delivery of new solutions and value-added services to customers.
      01.06.22

    • Additives | Breaking News | Mergers and Acquisitions | Suppliers News
      BASF Reaches Agreement to Divest its Site in Quincy, FL to Clariant

      BASF Reaches Agreement to Divest its Site in Quincy, FL to Clariant

      BASF has reached an agreement to divest its manufacturing site in Quincy, FL and the associated attapulgite business.
      12.28.21

    Breaking News
    • Weekly Recap: INX’s New VC Fund, Flint Group and Siegwerk Lead This Week’s News
    • The 2022 CPIPC Golf Outing Set for June 22
    • NUtec’s NUbis Bulk Ink System Enables Continuous Printing
    • Roland DGA President and CEO Andrew Oransky Named to Roland DG Board of Directors
    • Save the Date: NAPIM Sets 2023 Annual Convention for March 24-27, 2023
    View Breaking News >
    CURRENT ISSUE

    April 2022

    • The 2022 Packaging Ink Report
    • The UV Ink Market Continues to Thrive
    • The Conductive Ink Market is Showing Growth
    • The 2022 Resin Report
    • EU Chemicals Sector Embarks on Transition Pathway
    • Overview of Ink Demand in Asian Ceramic Industry
    • Industry Gears Up for the 2022 American Coatings Show and Conference
    • Defining - Evaluating Impurities, IAS, NIAS, and NLS (Part 2)
    • Needham Group Embraces New Technologies
    • View More >

    Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
    You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    Leaven Essential to Launch Branded Botanical Extracts to Global Markets
    Lonza Expands Capsugel Capsule Offering with Titanium Dioxide-Free, White Hard Gelatin Capsules
    Cargill to Double Production of Tapioca Syrup
    Coatings World

    Latest Breaking News From Coatings World

    What Are You Reading?
    Birla Carbon to Increase North American Prices
    The 13th International R-M Best Painter Contest Final Set for June 2022
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    ASSURE Touts Positive Clinical Results for its Wearable Cardioverter Defibrillator
    Medtronic Closes $1.1B Intersect ENT Deal
    MPO's Most-Read Stories This Week—May 14
    Contract Pharma

    Latest Breaking News From Contract Pharma

    LOTTE to Purchase BMS East Syracuse NY Manufacturing Facility
    Bora Pharmaceuticals Acquires CDMO Assets from Eden Biologics
    Cytiva Opening New Facility in Switzerland
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    Menopause Brand Womaness Launches in Ulta Beauty
    Johnson’s Baby Launches Refill Cartons in the UK
    Weekly Recap: ELC Updates Too Faced Leadership, Haus Labs & Sephora Sign Retail Partnership & More
    Happi

    Latest Breaking News From Happi

    Menopause Brand Womaness Enters Ulta Beauty
    Beauty Inclusivity: Progress Made But There’s More To Do, Finds Mintel Research
    Maybelline Supports Mental Health Month
    Ink World

    Latest Breaking News From Ink World

    Weekly Recap: INX’s New VC Fund, Flint Group and Siegwerk Lead This Week’s News
    The 2022 CPIPC Golf Outing Set for June 22
    NUtec’s NUbis Bulk Ink System Enables Continuous Printing
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    Bar Graphic and J&J Converting open US demo center
    Asda implements latest ColorCert ScoreCard Server
    Zeller+Gmelin introduces UV-curable and water-based inkjet inks
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    Essity Wins Innovation Award at Interclean
    Weekly Recap: Ontex Confirms Possibility of Attindas Deal, Purell Launches New Wipes & More
    TSG Finishing Starts Modernization Project
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    Denise Pedulla Appointed as Chief Legal Officer at Conformis
    ODT's Most-Read Stories This Week—May 14
    Steven Haddad Joins Extremity Medical as Chief Clinical Officer
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    Graphene Flagship Launches Its First Customizable Wafer Run
    CCL Industries Announces 1Q 2022 First Quarter Results
    LG Display Showcases Innovative OLED Technology at SID 2022

    Copyright © 2022 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

    AD BLOCKER DETECTED

    Our website is made possible by displaying online advertisements to our visitors.
    Please consider supporting us by disabling your ad blocker.


    FREE SUBSCRIPTION Already a subscriber? Login