Ciba Holding Inc., formerly Ciba Specialty Chemicals Holding Inc., is a specialty chemicals company. The Company, along with its subsidiaries, is engaged in the discovery and manufacture of specialty chemicals that provide color, performance and care for plastics, coatings, paper and other products. The Company’s products and services are also used to provide clean water and to treat water streams in industrial and municipal applications. The Company has 61 production sites in 120 countries. The Company operates through three segments: Plastic Additives, Coating Effects and Water & Paper Treatment.
Quick Financial Synopsis
BRIEF: For the fiscal year ended 31 December 2008, Ciba Holdings Inc. net sales decreased 9% to SF5.92B. Net loss from continuing operations totaled SF565M, vs. a profit of SF220M. Net sales reflect a decrease in demand for Company's products and services in Plastic Additives, Coating Effects and Water&Paper Treatment business segments. Net loss from continuing operations reflects lower gross and operating proft margins.