For the establishment of their 50/50 joint venture called “the global amines company”, Clariant and Wilmar have received the relevant merger clearances. The company which is now in operation is said to become the global platform for production and sales of fatty amines and selected amines derivatives.
Headquartered in Singapore with global sales, distribution and production affiliates, the company has its own production capacities for amines in Germany and China as well as access to amines capacities in Brazil and Mexico. For amine derivatives, the global amines company has access to around a dozen Multi-Purpose-Plants of Clariant all around the globe.
“The combination of Wilmar’s integrated agribusiness model based on renewable materials and its strong position in oleochemicals with Clariant’s technical experience and market presence in the downstream amines and derivative sector will position the global amines company as the first fully integrated and competitive player along the value chain of amines,” states Stephan Lynen, General Manager of the global amines company.