Moody's affirms Clariant's Ba1 ratings; positive outlook
Moody's Investors Service, (Moody's) has today affirmed all the ratings of Swiss headquartered specialty chemicals company Clariant AG (Clariant or the company), which comprise the Ba1 long term corporate family rating (CFR), the Ba1- PD probability of default rating (PDR) and the Ba1 rating for the...Clariant is a specialty chemicals group based in Switzerland. Co. develops, manufactures, distributes and sells a broad range of specialty chemicals which play a key role in its customers' manufacturing and treatment processes or add value to their end products. Co. has manufacturing plants around the world and sells mainly in countries within Europe, the Americas and Asia. Co.'s businesses are organized into four business areas: Care Chemicals (BU Industrial & Consumer Specialties), Catalysis & Energy (BU Catalysts, Business Line Energy Storage), Natural Resources (BU Oil & Mining Services, BU Functional Minerals), and Plastics & Coatings (BU Additives, BU Masterbatches, BU Pigments).
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