Biorefineries: European chemistry makes a comeback
From dependence on fossil fuels to strategic diversification of raw materials
Süd-Chemie
Clariant to Sell Scientific Design Stake to SABIC
Clariant has signed definitive agreements to divest its 50% stake in the joint venture that owns Scientific Design Company to its long-term joint venture partner, SABIC. The Saudi group will execute a call option raised in 2015 to acquire the stake in the business bought by Germany’s Süd-Chemie in 2003 prior to its acquisition by Clariant.
