Clariant AG: Clariant completes the sale of its Energy Storage Business to Johnson Matthey

Clariant AG: Clariant completes the sale of its Energy Storage Business to Johnson Matthey

ID: 375100

(Thomson Reuters ONE) -
Clariant AG /
Clariant AG: Clariant completes the sale of its Energy Storage Business to
Johnson Matthey
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The issuer is solely responsible for the content of this announcement.


Muttenz, March 02, 2015 - Clariant, a world leader in specialty chemicals, today
announced the completion of the sale of its Business Line Energy Storage to
Johnson Matthey Plc, which was announced on October 29(th),2014. The sale was
closed on February 28(th) 2015.

"The divestment of the Energy Storage business with its LFP technology is part
of our focused portfolio management and reallocating capital towards our core
areas Care Chemicals, Catalysis and Energy, Natural Resources, and Plastics and
Coatings," said Hariolf Kottmann, CEO of Clariant.

The total consideration of the sale amounts to USD 75 million.




Clariant

Corporate Media Relations Investor Relations

Carsten Seum Siegfried Schwirzer

Phone +41 61 469 63 63 Phone +41 61 469 67 49
carsten.seum(at)clariant.com siegfreid.schwirzer(at)clariant.com


Stefanie Nehlsen Marco Ferraro

Phone +41 61 469 63 63 Phone +41 61 469 64 11
stefanie.nehlsen(at)clariant.com marco.ferraro(at)clariant.com



Johnson Matthey PLC

Investor relations and Corporate
Communications

Sally Jones

Phone +44 7740095843
sally.jones(at)matthey.com

www.clariant.com

Clariant is a globally leading specialty chemicals company, based in Muttenz
near Basel/Switzerland. On December 31, 2014 the company employed a total
workforce of 17 003. In the financial year 2014, Clariant recorded sales of
CHF 6.116 billion for its continuing businesses. The company reports in four




business areas: Care Chemicals, Catalysis & Energy, Natural Resources, and
Plastics & Coatings. Clariant's corporate strategy is based on five pillars:
increase profitability, reposition portfolio, add value with sustainability,
foster innovation and R&D, and intensify growth.


www.matthey.com

Johnson Matthey is a global speciality chemicals company underpinned by
science, technology and its people. A leader in sustainable technologies, many
of the group's products enhance the quality of life of millions through their
beneficial impact on the environment, human health and wellbeing. The group
focuses on clean air, clean energy and low carbon technologies and is an
expert in the application and recycling of precious metals. Johnson Matthey
has operations in over 30 countries and employs around 12,000 people. Its
products and services are sold across the world to a wide range of advanced
technology industries.





Press Release Deutsch:
http://hugin.info/100166/R/1898272/674002.pdf

Press Release English:
http://hugin.info/100166/R/1898272/674001.pdf



This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Clariant AG via GlobeNewswire
[HUG#1898272]




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Datum: 02.03.2015 - 07:00 Uhr
Sprache: Deutsch
News-ID 375100
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