In the Textile Business, all units achieved a further increase in sales compared with the prior-year period. In Technical Textiles, demand remained high, while in Finishing, the demand trend showed further improvement, driven mainly by China.
Technical Textiles launched a new product line in C6 fluorochemistry. A further highlight within this business was the positive trend in Textile Dyes resulting from the focused product portfolio.
Regionally, core textile markets such as Asia and the emerging markets continued to grow, whereas Europe and especially North America showed further weakness.
The Leather Business achieved only low growth year-on-year, although price increases were accompanied by slightly higher volumes.
Demand for leather chemicals dwindled across all business; with the exception of Asia, all regions showed the same negative trend. The downturn in Finishing and wet-end dyes had the biggest impact on the financial result.
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Clariant International Ltd