Clariant, a world leader in specialty chemicals, acknowledges the investment by chemical industry peer and partner Sabic, which has acquired a 24.99% stake in Clariant.

Sabic is one of the major global chemical companies, with a significant specialty chemicals business and a partner of Clariant in the Catalyst joint venture Scientific Design.

Clariant intends to engage with Sabic over the coming weeks in order to discuss the new situation and explore possible ways to create value.

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