Clariant to buy masterbatch biz of Plastichemix for Rs 135 cr

摘要

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. The company 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 today, Clariant Chemicals said in a BSE filing.