Clariant Chemicals to buy masterbatch business of Plastichemix Industries for Rs. 135 cr.

Clariant Chemicals (India) said it will acquire the masterbatch business of Gujarat-based Plastichemix Industries for Rs. 135 crore and the deal is expected to be completed latest by March.

Clariant Chemicals (India) Ltd. also announced it plans to sell its leather services business for Rs. 156 crore.

These two proposals were considered and approved at the company's Board meeting held recently, Clariant Chemicals said in a BSE filing.

The Financial Express