Day: July 29, 2021

AD HOC ANNOUNCEMENT PURSUANT TO ART. 53 LR  Second quarter 2021 sales from continuing operations increased by 12 % in local currency to CHF 1.032 billion Second quarter 2021 EBITDA margin significantly augmented to 16.8 % versus 14.6 % in the second quarter of 2020 First half year 2021 net result for the total Group rose to CHF 157 million First half year 2021 operating cash flow at CHF 15 million Outlook 2021 increased: local currency sales growth of 7 % – 9 % and a step up in EBITDA margin to 16.0 % – 17.0 %“In the second quarter of 2021, Clariant delivered strong year-on-year revenue increases and significantly improved its performance. Signing definitive agreements to sell our Pigments business has been a critical step towards the completion of our portfolio transformation program,” said Conrad Keijzer, CEO of Clariant. “Clariant’s...

– Targeting 25% global carbon-emissions reduction by 2030 – Estimated cost of c. $10 billion – Europe 2030 target increased to 35% – ArcelorMittal Sestao to become world’s first full-scale zero carbon-emissions plant– New collaboration announced with Science Based Targets initiative– Targets to be linked to executive remuneration 29 July 2021, 07:00 CET ArcelorMittal (‘the Company’) has today published its second group climate action report, following the first group report published in May 2019 and the European climate action report published in May 2020. In the new report, ArcelorMittal has for the first time announced a 2030 global carbon emissions intensity reduction target of 25%. It has also increased its European 2030 carbon emissions intensity reduction target to 35% from 30% previously announced....