MUTTENZ, Switzerland – Specialty chemicals company Clariant announced full-year 2011 sales of CHF 7,370 billion, compared to CHF 7,120 billion in 2010. Sales grew 16 percent in local currencies and 4 percent in Swiss francs. The lower growth in Swiss francs was a result of the significant appreciation of the Swiss franc against most major currencies on a year-on-year basis.
Due to the acquisition of Süd-Chemie and the strength of the Business Unit Catalysis & Energy in the third and fourth quarters, sales were higher in the second half of the year, despite a significant slowdown in some businesses towards year-end.