Clariant AG: Clariant performs groundbreaking for new Healthcare Packaging plant in India

Clariant AG: Clariant performs groundbreaking for new Healthcare Packaging plant in India

ID: 445461

(Thomson Reuters ONE) -
Clariant AG /
Clariant AG: Clariant performs groundbreaking for new Healthcare Packaging plant
in India
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The issuer is solely responsible for the content of this announcement.


* Strengthening of global manufacturing footprint and customer proximity
in Asia
* Production of moisture-control solutions for pharma industry
* Plant expected to be operational by 2017



Muttenz, January 20, 2016 - Clariant, a world leader in specialty chemicals,
performed the groundbreaking ceremony of a new manufacturing plant in Cuddalore,
for moisture-control products, intended for the pharma industry. In December
2015, Clariant had announced plans to invest CHF 10 million in this Healthcare
Packaging plant, that will support the growing generic pharmaceutical industry
in India. The investment will be implemented through its wholly owned subsidiary
in India.

"The new Healthcare Packaging manufacturing plant here in Cuddalore is another
important step within our strategy to intensify growth and increase our market
share in the emerging India region by rapidly addressing customer needs," said
Christian Kohlpaintner, member of the Clariant Executive Committee

The new plant will initially produce desiccant canisters and packets, which are
inserted into pharmaceutical packaging to control moisture and protect the
stability of the medicine during shelf life. The desiccant production area will
be Clean Room Class 100,000 and certified ISO 8. It will be compliant with all
relevant cGMP and US FDA standards.

"With this new plant, we are responding to our customers' growing demand for
high-quality desiccants. This facility will enable us to expand current
capacities and provide easy access to potential as well as existing customers in
the pharma packaging segment in the India region," said Deepak Parikh, Clariant




Region President India.

"This new facility will be integrated into our global Healthcare Packaging
manufacturing infrastructure, allowing us to support strong regional demand, and
at the same time strengthening our position as the global leader in this
segment," added Ketan Premani, Head Clariant Healthcare Packaging Sales.

With ten production sites in Gujarat, Maharashtra, Madhya Pradesh and Tamil Nadu
and a state-of-the-art Regional Innovation Center in Mumbai, Clariant's new
greenfield plant in Cuddalore will further reinforce its commitment to Make in
India and Sell in India. The plant is slated for inauguration in 2017.


Caption (from L-R): Deepak Parikh, Region President India, Christian
Kohlpaintner, Member of Clariant's Executive Committee, along with Marco
Cenisio, Business Unit Head Masterbatches, and Ketan Premani, Head Clariant
Healthcare Packaging Sales, India, performed the groundbreaking ceremony



Corporate Media Relations Investor Relations

Carsten Seum Anja Pomrehn

Phone +41 61 469 63 63 Phone +41 61 469 6745
carsten.seum(at)clariant.com anja.pomrehn(at)clariant.com

Claudia Kamensky Siegfried Schwirzer

Phone +41 61 469 63 63 Phone +41 61 469 67 49
claudia.kamensky(at)clariant.com siegfried.schwirzer(at)clariant.com



Regional media relations

Philips Abraham

Phone +91 22 2531 54 16
philips.abraham(at)clariant.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, 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.clariant.com/healthpack

Clariant Healthcare Packaging is dedicated to enhancing and protecting
healthcare products by providing a full portfolio of controlled atmosphere
packaging solutions that protect products from degradation and help maintain
stability and integrity throughout shelf life.  With a global production network
and innovative product development, its products include desiccants, oxygen
scavengers, active container-closure systems and multilayer barrier packaging.

Press release and photography can be downloaded from www.clariant.com or
www.PressReleaseFinder.com.

Media Release English:
http://hugin.info/100166/R/1980167/725375.pdf

Medienmitteilung Deutsch:
http://hugin.info/100166/R/1980167/725376.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#1980167]




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Bereitgestellt von Benutzer: hugin
Datum: 20.01.2016 - 18:00 Uhr
Sprache: Deutsch
News-ID 445461
Anzahl Zeichen: 5857

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