Clariant Chemicals (India) Ltd. has leather service centres located in Chennai, Kanpur, Kolkata, Ranipet and Vaniyambadi. In 2012, the Clariant Leather Services business generated US$295 million in reported sales and a reported EBITDA before exceptional items of US$26 million. With the proposed divestment of the Leather Services Business Unit to Stahl, the repositioning of Clariant’s portfolio will be completed in the coming quarters.

Source: Equity Bulls