November 1, 2002
Clariant AG, Basel, Switzerland, announced a restructuring of the company's Pigments & Additives Division, including moves designed to result in a simplified internal structure, improved knowledge management and a global brand strategy. Effective Jan. 1, 2003, Clariant said it will merge the pigments and additives businesses and create four industry-focused business units: Coating Industries, Plastic Industries, Printing Industries and Specialized Industries. The activities of the business units will be tailored to the respective market segments and will be supported by sales, product-management, and production-management functions, the company said. The business units also will be served by five support units: Technology/Innovation, Business Support/Controlling, Business Process Management, Human Resources and Communication. The company said the restructuring will make the division more targeted toward individual industries and markets, and more responsive to the changing requirements of customers.