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
anna.chong@globalamines.com
+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.

www.globalamines.com

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.

Singapore, September 13, 2022

Global Amines announces the successful startup of its new fatty amines production plant in Surabaya, Indonesia.

The new plant will supply fatty amines to customers in Southeast Asia and globally, extending the support offered by Global Amines’ existing production facilities in China, Europe, and the Americas. The products are used to produce key ingredients in Personal Care and Home Care, such as mild surfactants and co-surfactants for shampoo and dishwashing liquids, and also as raw materials for diverse industrial applications.

Mr Ernesto Horikoshi, Group General Manager of Global Amines, said: “Supplying our customers with competitive and high-quality fatty amines globally is our essential purpose, particularly with demand growing across markets. Construction and commissioning under the pandemic restrictions was extremely challenging, but we are now very happy to have our new facility on stream to complete our truly global network for fatty amines production. The substantial new capacity and extended footprint enable us to provide our customers with the stability of reliable and competitive supply for their ever-increasing needs.”

Global Amines’ new facility is located in the largest integrated oleochemical site in the world, giving proximity to key feedstock supply. This ensures access to RSPO-certified palm oil and its derivatives that meet sustainable palm oil production standards.

In addition to expanding its capacity for fatty amines, Global Amines is also expanding its product portfolio to further support the Personal Care and Home Care sectors. It announced its acquisition of Clariant’s Quats and Esterquats business on August 31, 2022.

Singapore, August 31, 2022

Global Amines Company Pte. Ltd., a 50-50 joint venture of Clariant and Wilmar, has signed a definitive agreement to acquire the Global Quats and Esterquats Business from Clariant. The acquisition is subject to regulatory approvals and is expected to close in the first half of 2023. The purchase price, subject to standard closing conditions, is set at USD 113 million.

With production assets located in Germany, Brazil and Indonesia, the current Quats and Esterquats business of Clariant includes reputable products sold under the Praepagen® and Genamin® trademarks and have a well-established presence in the home and personal care market. The business maintains an excellent reputation as a leading supplier of quats with proprietary technology and the products are used in a broad range of products including fabric softeners and hair conditioners.

“The Quats and Esterquats business is an ideal fit for Global Amines Company as it perfectly complements our product portfolio and our ability to offer customers the best and most competitive solutions from a complete range of Amines, Quats, Amines Derivatives and Betaines. The acquisition plays to the JV’s strategic strengths by building on Clariant’s long-standing experience in specialties chemicals and Wilmar’s position as Asia’ leading agribusiness and on its global Oleochemicals business” said Ernesto Horikoshi, Group General Manager of Global Amines Company. “This will guarantee a solid business continuity on a competitive and attractive basis for an ever-stronger future growth” he added.

Singapore, May 5, 2022

The Global Amines Company, a global leader for amines and derivatives based on a completely integrated supply chain, has been again awarded the Gold rating by EcoVadis for its excellent sustainability performance.

This rating reconfirms Global Amines place in the top 3% of over 90,000 companies assessed by the global sustainability ratings provider.

“Global Amines is strongly committed to sustainability and renewable feedstock is our key business driver”, says Ernesto Horikoshi, Global Amines Group CEO. “The EcoVadis Gold rating affirms our engagement to the environment and towards all our stakeholders. We are proud to see our improvement valued in an increased score.”

Global Amines, a 50-50 joint venture of global specialty chemical company Clariant and Asia’s leading agribusiness group Wilmar International formed in 2013, leverages the two companies’ strengths in oleochemicals and the amines and derivatives market to provide integrated and competitive solutions for fatty amines and selected amine derivatives.

Media release Global Amines 2022