17 May 2010

Clariant increases prices of leather chemicals

Muttenz, May 17, 2010 - Clariant’s Business Unit Leather Services, a world leading provider of chemicals and services to the leather industry, today announced global price increases for its leather product portfolio.

The price adjustments are necessary to address strong rising feedstock costs in all raw material segments: petro, base and specialty chemicals, in the first half of 2010 as well as higher transportation and energy costs.

During recent months, Clariant´s Leather Business was able to offset significant cost increases through internal cost optimization, however, recent raw material cost developments leave no other alternative than to increase prices.

Clariant customers will be contacted individually regarding the specifics of the price increases as they apply to their products.

Reader enquiries

Clariant International Ltd
Rothausstrasse 61
4132 Muttenz 1
Switzerland

ClariantInternational

clariant_international

Notes for editors

Clariant – Exactly your chemistry

Clariant is a global leader in the field of specialty chemicals. Strong business relationships, commitment to outstanding service and wide-ranging application know-how make Clariant a preferred partner for its customers.

Clariant is represented globally by more than 100 group companies and employs about 17,500 people. Headquartered in Muttenz near Basel, Switzerland, it generated sales of CHF 6.6 billion in 2009. Clariant is organized into ten Business Units: Additives; Detergents & Intermediates; Emulsions; Industrial & Consumer Specialties; Leather Services; Masterbatches; Oil & Mining Services; Paper Specialties; Pigments; and Textile Chemicals.

Clariant is committed to sustainable growth, which is derived from its own innovative strength. Clariant’s world-class products and services play a key role in its customers’ manufacturing processes and add value to their end products. The company’s success is based on the know-how of its people and their ability to identify new customer needs at an early stage and develop innovative, efficient solutions.

www.clariant.com