Clariant rejects allegations from MOL Group and Braskem against four companies related to the 2020 competition law infringement

Core Viewpoint - Clariant has received damage claims totaling approximately EUR 548 million and EUR 402 million from MOL Petrolkémia Zrt. and Slovnaft a.s. (MOL Group) and Braskem S.A. regarding alleged competition law infringements in the ethylene purchasing market, which the company firmly rejects and plans to defend vigorously [1]. Company Overview - Clariant is a sustainability-focused specialty chemical company based in Switzerland, with a staff of 10,465 and recorded sales of CHF 4.152 billion in the fiscal year ending December 31, 2024 [5]. - The company operates through three business units: Care Chemicals, Catalysts, and Adsorbents & Additives, emphasizing customer focus, innovation, and sustainability [5].