Agfa and Clariant announce agreement on Clariant’s Materials for Printed Electronics
Mortsel, Belgium | November 17, 2020 8:00 AM CET
– Agfa to assume ownership of Clariant’s PRELECT® TPS Nano Silver Conductive Inks portfolio
– Clariant to focus on its existing High Value Specialty Portfolio
Clariant, a focused, sustainable and innovative specialty chemical company, and Agfa, a leading company in imaging technology and IT solutions, today announced an agreement under which Agfa assumes ownership of Clariant’s Electronic Materials portfolio.
After a thorough strategic review, Clariant decided that its Electronic Materials business, consisting of cutting edge technology such as the PRELECT® TPS Nano Silver Conductive Inks, was not sufficiently aligned with the existing high value specialty portfolio at the heart of the company’s long-term strategy. Therefore, Clariant is confident that transferring ownership of the Electronic Materials portfolio to Agfa presents it with the best opportunity to continue its path of successful development.
With the transfer, Agfa expands its Orgacon® portfolio of functional materials for Printed Electronics applications. As a result, Agfa will be even better placed to serve new and existing customers with materials and know-how for creating innovative Printed Electronics products in a.o. the automotive, industrial and clean energy markets.
Clariant is a focused, sustainable and innovative specialty chemical company based in Muttenz, near Basel/Switzerland. On 31 December 2019, the company employed a total workforce of 17 223. In the financial year 2019, Clariant recorded sales of CHF 4.399 billion for its continuing businesses. The company reports in three business areas: Care Chemicals, Catalysis and Natural Resources. Clariant’s corporate strategy is based on five pillars: focus on innovation and R&D, add value with sustainability, reposition portfolio, intensify growth, and increase profitability.
The Agfa-Gevaert Group is a leading company in imaging technology and IT solutions with over 150 years of experience. The Group holds four divisions: Radiology Solutions, HealthCare IT, Digital Print & Chemicals and Offset Solutions. They develop, manufacture and market analogue and digital systems for the healthcare sector, for specific industrial applications and for the printing industry. In 2019, the Group realized a turnover of 2,239 million Euro.
Orgacon, Agfa and the Agfa rhombus are trademarks of Agfa-Gevaert N.V., Belgium, or its affiliates.
Marketing Manager Printed Electronics
+32 (0) 3 444 2977