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26. Disposals

Audited information

Activities not qualifying as discontinued operations

In this section, disposals of subsidiaries, associates and activities are reported that do not qualify as discontinued operations in the sense of  5. The following disposals took place in 2020 and 2019:

On 7 August 2020 Clariant sold its Sulfonation production in Santa Clara, Mexico pertaining to the Business Unit ICS for a net consideration of CHF 13 million and resulting in a gain of CHF 12 million to the Mexico-based company Stepan Mexico. S.A. de C.V.

On 30 April 2019 Clariant sold its 25% stake of GTC associates in the United States for a net consideration of CHF 8 million and a net loss of CHF 1 million to the Swiss group Sulzer.


The International Financial Reporting Standards (IFRS) are international accounting standards. View entire glossary