MUTTENZ, Switzerland – Specialty chemicals company Clariant announced sales for the first half of 2017 of CHF 3.132 billion compared to CHF 2.899 billion in 2016. This corresponds to 9% growth in local currency driven by double-digit expansion in Catalysis and Natural Resources. Organic growth amounted to 5%, driven by higher volumes.
Growth was most pronounced in Europe, Asia and North America. Sales in Europe rose by 8% while the 11% advance in Asia was supported by the strong sales development in China. Sales in North America increased by 14%. Latin American sales were 3% lower against a strong comparable base and also reflect the macroeconomic environment, which remains challenging.