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Clariant reports strong cash flow despite continuing weak demand 2Q 2009: Textile, Leather & Paper Chemicals division.

Chemical Business Newsbase

| July 30, 2009 | COPYRIGHT 2000 Elsevier Engineering Information, Inc. (Hide copyright information)Copyright

For its 2Q 2009, the Textile, Leather & Paper Chemicals division of Clariant International Ltd has reported sales of SFR 413 M (SFR 554 M for its 2Q 2008), EBITDA (before exceptional items) of SFR 29 M (SFR 55 M), EBIT (before exceptional items) of SFR 17 M (SFR 39 M), and EBIT of SFR 14 M (SFR 34 M). For its 1H 2009, this division has reported sales of SFR 792 M (SFR 1070 M for its 1H 2008), EBITDA (before exceptional items) of SFR 23 M (SFR 98 M), EBIT (before exceptional items) of SFR -1 M (SFR 66 M), and EBIT of SFR -23 (SFR 51 M). Despite persistent poor business conditions resulting in a massive decline in sales, the Textile, Leather and Paper Chemicals Division returned to …

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