More news
- Covestro LLC and Carlisle Construction Materials collaborate for sustainable construction
- PPG and Flashback Forward introduce quality control app for collision repair industry
- Behr Paint finds 76% of Americans would paint a room red; names ‘Rumors’ 2025 Color of...
- Qemtex launches powder coatings plant in UAE, targeting global market
- Deloitte names Mowilex one of Indonesia’s best managed companies for a third consecu...
The Swiss speciality chemicals company Clariant will continue to consistently implement its profitable growth strategy during the next three years, as announced by CEO Hariolf Kottmann and CFO Patrick Jany at this year’s Capital Markets & Media Day in Munich, Germany.
The goal is, amongst others, to increase the company’s EBITDA margin from 13.2% in 2011 to above 17% in 2015 and to achieve a return on invested capital (ROIC) that is above peer group average. Clariant will, in future, generate more than 70% of its sales with core non-cyclical business units. Within the existing business units, a further profitability increase is planned through performance management and functional excellence measures.