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Clariant acquires remaining 70% stake in Beraca

October 25/2021

MOSCOW (MRC) -- Clariant is acquiring the remaining 70% stake in Brazilian personal care specialties company Beraca for an undisclosed fee, said the company. 

Clariant has held a 30% stake in the family-run company since 2015. The acquisition of the additional stake from Beraca's founders is subject to regulatory approvals and is expected to close in the fourth quarter of this year, Clariant said in a statement.

The Brazilian company is one of the key manufacturers of natural ingredients for the personal care sector offering inter alia fats, oils and botanicals. Beracas business will be integrated into Clariant's Care Chemicals business.

Earlier it was reported, Clariant, a world leader in specialty chemicals, has closed its transaction to acquire a 30% share in Beraca Ingredientes Naturais S.A. (Beraca"), which assumed the Health & Personal Care Business of Sabara Quimicos e Ingredientes S.A. Beraca is a leading player in natural, sustainable and innovative ingredients.

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 1,638,370 tonnes in the first eight months of 2021, up by 10% year on year. Shipments of all grades of ethylene polymers increased. At the same time, PP shipments to the Russian market were 989,570 tonnes in the first eight months of 2021, up by 30% year on year. Deliveries of homopolymer PP and block-copolymers of propylene (PP block copolymers) increased, whereas shipments of injection moulding PP random copolymers decreased significantly.


mrcplast.com
Author:Anna Larionova
Tags:PP, PE, compounding, compounds, Clariant International, Clariant Masterbatches.
Category:General News
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