21 Sept 2017
Clariant to increase prices for products containing titanium dioxide and/or carbon black pigments
- Global price increase effective October 1st or as soon as contracts allow
Muttenz, September 21, 2017 – Clariant, a world leader in masterbatches and specialty compounds, has today announced a price increase globally for all products containing titanium dioxide and/or carbon black pigments by between 5%-10% (depending on the grade, concentration and quality of the titanium dioxide and/or carbon black).
The increase includes white, black and color masterbatches and relates to the following product brands: REMAFIN®, RENOL®, CESA®, HiFormer® & MEVOPUR®. This will be effective for all deliveries from October 1, 2017 or as soon as contracts allow. This price increase is due to the sustained rise in prices of titanium dioxide, carbon black and other key raw materials driven by several factors including force majeure declarations, supply-demand dynamics and capacity related issues.
® TRADEMARK OF CLARIANT REGISTERED IN MANY COUNTRIES.
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Clariant International Ltd
Rothausstrasse 61
4132 Muttenz 1
Switzerland
Notes for editors
Clariant is a globally leading specialty chemicals company, based in Muttenz near Basel/Switzerland. On 31 December 2016 the company employed a total workforce of 17 442. In the financial year 2016, Clariant recorded sales of CHF 5.847 billion for its continuing businesses. The company reports in four business areas: Care Chemicals, Catalysis, Natural Resources, and Plastics & Coatings. Clariant’s corporate strategy is based on five pillars: focus on innovation through R&D, add value with sustainability, reposition portfolio, intensify growth, and increase profitability.
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Stefanie Nehlsen
Clariant International Ltd
stefanie.nehlsen@clariant.com
Josina van der Velden
EMG