PENNY WISE - CLARIANT (INDIA)
Clariant should post steady growth in profits on the back of product innovations and continued support from the parent
These are tough times for the speciality chemicals industry. Slackening demand and increased competition from China following a reduction in import tariffs saw the industry turn in a lacklustre performance last fiscal. However, in what has been a difficult year, Clariant India has managed to post a creditable performance. A tight leash on costs, new product launches and aggressive marketing efforts saw the company
