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Clariant Reports on 3Q 2013

Performance well on target after solid third quarter

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Clariant announced third quarter 2013 sales from continuing operations of CHF1.443 billion compared to CHF1.489 billion in the prior-year period. This corresponds to a 2% sales growth in local currencies that was almost entirely the result of higher sales volumes. In Swiss francs, sales decreased 3%, due to the pronounced weakness of the Brazilian real, the Japanese yen and the Indian rupee against the Swiss franc. The economic environment remained challenging and basically unchanged compared...

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