Clariant cuts sales target on weak catalyst business, shares fall
By Chiara Holzhaeuser and Antonis Pothitos (Reuters) -Shares in Clariant fell 7.5% on Tuesday after the Swiss speciality chemicals maker lowered its full-year sales forecast due to a weak performance in its catalysts unit, overshadowing a hike in its margin target. Clariant expects its sales to be flat or grow by up to a low …
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