Korttmann tries to console employees - Clariant is not for sale!

In an attempt to quash the tide of rumour, the new CEO of Clariant has written to employees with the message that Clariant will not be sold, broken up into pieces or merged (see the source article).  The main priority is to improve cash flow ...........

Employee letters such as these have little effect as everyone knows that Clariant has to do something to survive.  Clariant has been too late to make a significant strategic move in a chemicals industry that continues to need to consolidate, despite a number of recent events.  It has always appeared that paper chemicals is not a priority for Clariant and the recent move by BASF to acquire Ciba has left Clariant with few options to survive.

Just what will the new CEO do?  Can Clariant rise from the ashes without being sold, split up or merged?  Not likely!  Time for some clear and creative thinking -  break the mould Clariant.

See an earlier blog on Clariant being broken up ............