A continued high level of crude oil prices and energy costs as well as reduced supply for key raw materials due to the closing of several production plants in China to decrease environmental impact are causing an ongoing increase in raw material prices.
Consequently, price increases will be effected in the following segments: dyes, optical brighteners, polymer dispersions, leather chemicals and ethoxylates of the Textile, Leather and Paper Chemicals Division, as well as pigments, preparations, polymer additives, flame retardants and intermediates of the Pigments and Additives Division. The price increases vary, for example, between 10 to 30 percent for specific dyes or 10 to 15 percent for optical brighteners depending on the product respectively 5 percent for chinacridones or 15 percent for lacquered pigments.
Clariant’s Functional Chemicals Division recently announced price adjustments to address both recent and announced raw material cost increases especially for products containing ethylene, ethylene oxide as well as fatty alcohol and fatty acid.
Clariant remains committed to a continuous supply of its products and a high level of service and innovation to meet its customers’ requirements. Customers will be contacted individually regarding the specifics of the price increases as they apply to their situation.