Clariant to raise prices

20/12/2010
Specialty chemicals provider Clariant has announced price increases for its product ranges of 6% to 12%. According to the company, the adjustments reflect rising feedstock prices caused by a continuing shortage in raw materials, combined with increasing energy and transportation costs.

“We have absorbed significant cost increases already through production optimisation and other efficiency-increasing measures introduced during the course of 2010. However, further cost reduction programs would jeopardise the quality of service we deliver to our customers,” said Oliver Kinkel, head of BU Leather Services at Clariant.

“Our objective, based on a long-term commitment to the leather industry, is a continuous supply of high performance leather chemicals and further innovation, which enables our customers to improve their productivity and enhance the quality of their products.”

Clariant’s customers will be contacted individually regarding the specifics of the price increases as they apply.