Quarterly Results Operationally on track, S

Clariant International Ltd
<strong>Quarterly</strong> <strong>Results</strong>
31 October 2011
Page 13 of 14
BU Catalysis & Energy
Third quarter Nine Months
in CHF million 2011 2010 % CHF % LC 2011* 2010 % CHF % LC
Sales 190 - - - 283 - - -
EBITDA before exceptional items 41 - - - 56 - - -
- margin 21.6% - 19.8% -
EBIT before exceptional items 26 - - - 33 - - -
- margin 13.7% - 11.7% -
EBIT 26 - - - 33 - - -
* Süd-Chemie figures consolidated for five months (May-Sept)
The Catalysis & Energy Business Unit – the former Catalysts business of Süd-Chemie – comprises
the business lines Catalytic Technologies and Energy & Environment. As of
1 July 2011, Catalysis & Energy has been reorganized into a mainly functional organization,
comprising the Battery Materials business line and the three Catalysis & Energy functions Sales &
Key Account Management, Operations and Research & Development.
Business discussion for the first nine months
Catalysis & Energy sales in euro were up 11% in the first nine months of 2011 compared to the
same period of the previous year; EBITDA for the first nine months was up by 22%.
As expected, sales picked up in the Catalysts business in the third quarter. Sales and EBITDA
increased, order intake was strong and most catalyst orders that had been postponed have been
realized. It is expected that the fourth quarter will, as usual, be the strongest for catalysts.
Catalysis was driven by a continuing strong momentum in sales of catalysts for air purification and
hydrogen production in fuel cells. Battery Materials also contributed to this marked business
expansion. To allow for an even accelerated market penetration, four sublicense agreements for the
highly innovative cathode material LFP (Lithium iron phosphate) have been signed. The new LFP
plant in Candiac, Canada, is already in the ramp-up process and will produce the first LFP material
according to schedule on 1 January 2012.
A thorough discussion of the results for the first nine months is available in the Interim Report for
the nine months, published by Süd-Chemie AG on 31 October 2011.