Clariant's Business Unit Textile Chemicals, recently announced global price increases for its entire textile product portfolio – depending on the specific product group – between 5% and 40%.
The price adjustments are necessary to address strong rising feedstock costs in all raw material segments in the first half of 2010, as well as higher transportation and energy costs. During recent months Clariant’s Textile Chemicals Business absorbed significant cost increases through production optimization measures, 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 and regions. The price increases will become effective immediately or as contracts allow.
