25.09.2007 05:30:00

Peter Brandenberg Appointed Head of Textile, Leather & Paper Business Division

Clariant (SWX:CLN), a world leader in specialty chemicals announced today that Peter Brandenberg is appointed Head of Clariant’s Textile, Leather & Paper Business division effective immediately. He will continue to serve as member of Clariant’s Board of Management. Mr. Brandenberg, currently responsible for Services and International Coordination - replaces Philippe Royer, who leaves the company and will assume the role of Chief Executive Officer (CEO) of a leading European metals supplier. "Whereas I am disappointed by Mr. Royer’s decision, I accept that his new position is a unique opportunity for him”, said Jan Secher, CEO of Clariant. "At the same time I am delighted that Peter agreed to add another challenge to his long and successful career. He has streamlined the regional organization and the Group service functions to efficient service providers for the divisions. Under his leadership TLP will continue to develop successfully.” Group Services and International Coordination, Peter Brandenberg’s present responsibilities, will be dealt with as follows: Okke Koo, head of the Pigments & Additives division, will in addition be responsible for Europe, Siegfried Fischer, head of the Functional Chemicals division, will additionally assume leadership for Asia-Pacific, Dominik von Bertrab, head of Masterbatches division, will take on responsibility for North America. Johann Steiner, head of Group HR, will ad interim be responsible for Special Markets and Peter Brandenberg will keep responsibility for Latin America in addition to his new role. He will also remain responsible for the Group Services ad interim. Clariant – Exactly your chemistry. Clariant is a global leader in the field of specialty chemicals. Strong business relationships, commitment to outstanding service and wide-ranging application know-how make Clariant a preferred partner for its customers. Clariant, which is represented on five continents with over 100 group companies, employs about 21,500 people. Headquartered in Muttenz near Basel, Switzerland, it generated sales of CHF 8.1 billion in 2006. Clariant’s businesses are organized in four divisions: Textile, Leather & Paper Chemicals; Pigments & Additives; Functional Chemicals; and Masterbatches. Clariant is committed to sustainable growth springing from its own innovative strength. Clariant’s innovative products play a key role in its customers’ manufacturing and treatment processes or else add value to their end products. The Company’s success is based on the know-how of its people and their ability to identify new customer needs at an early stage and to work together with customers to develop innovative, efficient solutions. www.clariant.com

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