Clariant expects to generate $2 billion in sales from North America within the next 3 years

Here is a snapshot of Clariant’s growth strategy.

On Thursday, Swiss specialty chemicals maker Clariant stated, it expects to make $2 billion in sales from North America, its second-biggest market, by the next three years.

In a statement, it has attributed advances in its R&D, a CAPEX investment of $250 million which further boosts its manufacturing footprint and technical capabilities, as well as the leveraging of shale gas opportunities as key elements in its growth strategy.

The firm employs more than 2,400 people in the U.S. and Canada across 50 sites and currently generates a turnover of nearly $1.25 billion from the region.

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