MUTTENZ, Switzerland – Clariant has acquired the Organic Pigment business of Jiangsu Multicolor Fine Chemical Co. Ltd. (JMC), based in Jiangsu Province, China. JMC is a leading supplier of several types of high-performance pigments and pigment preparations in China, marketing mainly to customers in coatings, plastics and printing inks in the domestic and export markets.

Clariant also announced it will build a world-scale Pigment PV23 plant in Zhenjiang, Jiangsu Province, China. The plant will be designed to ensure highest yields, lowest cost and the highest efficiency in terms of sustainable operations and full compliance with local and international regulatory standards.