Clariant acquires XL Performance Chemicals

Just three months after embarking on an exclusive strategic alliance to serve the US$2-billion-plus worldwide foam-control market, Clariant is acquiring Dalton, Ga.-based XL Performance Chemicals from Fibro Chem LLC and its affiliates. Terms of the purchase were not disclosed. The acquisition unites Clariant’s extensive network of sales, technical service and support with XL Performance Chemicals’ proven know-how and family of technologies for more than 100 different foam-control products in end-use markets where Clariant already has a substantial global presence: metal-working, paints and coatings, mining, oil services, crop protection, construction, textile and paper. (May 19, 2009)