Sabic acquires stake in Clariant

Chemicals company Sabic has acquired a 24.99% stake in Clariant. The acquisition of the share, which was previously held by investors White Tale and 40 North, makes Sabic the largest Clariant shareholder.

Sabic is a major global chemical company and is a partner of Clariant in the catalyst joint venture Scientific Design.

This story is reprinted from material from Sabic, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.