Global Amines completes the acquisition of Clariant’s Quats business

Singapore, Jun 1, 2023

On June 1st, 2023, Global Amines Company Pte. Ltd. (“GAC”), announced it has completed its and its group companies’ acquisition of Clariant’s Quats business. The transaction was signed on August 31st, 2022, and the sale of the business includes certain assets in Germany, Indonesia, and Brazil.

Quats are quaternary ammonium compounds, a group of chemicals used for a variety of purposes including as preservatives, surfactants, and as antistatic agents. Quats are used in a wide range of commercial, industrial, and consumer products. The business maintains an excellent reputation as a leading supplier of quats with proprietary technology and a good service reputation.

Media Contacts:
Anna Chong
Global Amines Company
Marketing and Business Support
+65 6507 0531

This media release contains certain statements that are neither reported financial results nor other historical information. This document also includes forward-looking statements. Because these forward-looking statements are subject to risks and uncertainties, actual future results may differ materially from those expressed in or implied by the statements. Many of these risks and uncertainties relate to factors that are beyond Clariant’s ability to control or estimate precisely, such as future market conditions, currency fluctuations, the behavior of other market participants, the actions of governmental regulators and other risk factors such as: the timing and strength of new product offerings; pricing strategies of competitors; the Company’s ability to continue to receive adequate products from its vendors on acceptable terms, or at all, and to continue to obtain sufficient financing to meet its liquidity needs; and changes in the political, social and regulatory framework in which the Company operates or in economic or technological trends or conditions, including currency fluctuations, inflation and consumer confidence, on a global, regional or national basis. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this document. Clariant does not undertake any obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date of these materials.

Global Amines, which was formed in 2013 by global specialty chemical company Clariant and Wilmar International Limited, Asia’s leading agribusiness group, leverages the two group’s strengths to offer integrated and competitive solutions for fatty amines and selected amine derivatives.