July 11, 2007 - Clariant, a global market leader in specialty chemicals, announced on July 2, 2007 further increases of various product segments of the Textile, Leather & Paper Chemicals, Pigments & Additives as well as Functional Chemicals Division with immediate effect.
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 cause an ongoing increase in raw material prices.
Consequently, for Clariant Paper Business, price increases will be effected in the following segments: Dyes, Optical Brighteners, Crosslinkers and Polymer Dispersions. The price increases will vary for Optical Brighteners from 10 to 15 percent, and for other product segments from 5 to 15 depending on the product.
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.