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July 21, 2008

1 Min Read
Additives: Clariant builds liquids, N.A. presence with Rite Systems, Ricon Colors deal

Clariant (Muttenz, Switzerland) has expanded its Masterbatches market position in North America with the acquisition of Rite Systems Inc. and Ricon Colors Inc., which operate from three plants (West Chicago, IL; Mooresville, NC; and Chino, CA) and generate annual sales of $50 million. Two thirds of its portfolio is in liquid masterbatches, with the remainder in solid. In a release, Clariant said its that expertise in liquid masterbatches, as well as it strong presence in the packaging and consumer goods markets, which attracted it. Clariant, which describes itself as the global leader in color and additive masterbatches, says it is No. 2 in the North American masterbatches market, operating 13 manufacturing facilities and employing more than 700 on the continent.

After a string of divestments, Clariant is once again building its portfolio. Last November, Clariant acquired the Colombian masterbatch producer Masterandino for CHF 5 million. In 2003, Clariant Masterbatches acquired Canadian color and additive concentrates and precolored compounds supplier, Quality Colour (Delta, BC).—[email protected]

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