The key financial data of the Group’s principal associates is as follows:

In December 2018 Clariant sold 5% of it’s 19.7% stake of its participation in Stahl Lux 2 SA, which was classified as an associate until this point in time. Subsequently the remaining stake in Stahl LUX 2 was revalued with a gain to the fair market value of CHF 173 million and reclassified to Financial Assets.

The Infraserv companies were set up by the former Hoechst group to cater to the infrastructure needs of its subsidiaries in Germany prior to 1997. The shareholdings in associates summarized under »Others« concern mainly companies specializing in selling Clariant products.

On 31 December 2019, accumulated unrecognized losses amounted to CHF 1 million (2018: CHF 4 million).

The key financial data of the Group’s principal joint ventures is as follows:

Scientific Design Company Inc. is a producer of ethylene and oxide catalysts headquartered in the United States and has around 140 employees. Co-owner is the Saudi Arabia-based Sabic group.

Global Amines group is a joint venture of Clariant and Wilmar International Limited, a leading Asian agribusiness group, headquartered in Singapore and serves as a global platform for the production and sale of fatty amines and selected amine derivatives. It also has worldwide sales, distribution and production facilities. The joint venture has existed since 26 October 2012 and is operated as part of the Business Unit ICS.