Clariant AG engages in the development, manufacture, distribution, and sale of broad range of specialty chemicals. It operates through the following segments: Care Chemicals, Catalysis & Energy, Natural Resources and Plastics & Coatings. The Care Chemicals segment comprises the Industrial & consumer specialties (ICS) BU, food additives as well as the future Industrial Biotechnology business, which focus on highly attractive, high margin and low cyclicality segments. The Catalysis & Energy segment develops, manufactures, and sells a wide range of catalyst products for the chemical, fuel and automotive industries and produces materials for electric vehicles and energy storage systems. The Natural Resources segment manufactures chemicals used in the oil, mining, food and packaging industries, and increased consumption of oil, gas and base metals, driven by the fast-growing economies. The Plastics & Coatings segment products are designed for clients in a wide range of industries including packaging and mobile communications, consumer goods, medical technology, textiles, transport, agriculture, and paints & coatings. The company was founded in 1995 and is headquartered in Muttenz, Switzerland.