MOSCOW (MRC) -- Clariant, a world leader in masterbatches and specialty compounds, has announced a price increase globally for its entire range of masterbatch and compound products containing titanium dioxide, polymers, carbon black, pigments, dyes and several additives by 4-7% (depending on the grade, concentration and quality of the titanium dioxide, polymer, carbon black, pigments, dyes and additives), as per the company's press release.
The increase includes white, black, color, additive masterbatches and compounds and relates to the following product brands: REMAFIN, RENOL, CESA, HiFormer & MEVOPUR.
This will be effective for all deliveries from April 1, 2018 or as soon as contracts allow. This price increase is due to the continued rise in prices of titanium dioxide, polymers, carbon black, pigments, dyes and additives driven by several factors including supply-demand dynamics, ongoing capacity reductions in the pigment and dye industry and related increases in feedstock costs of several materials.
As MRC informed before, in H2 2017, Clariant completed a significant expansion at its plant in Lewiston, ME, adding equipment that increases its capacity to compound high-temperature fluoropolymers, which include FEP, ETFE, and PVDF. These materials are important for the production of medical catheters because of their flexibility, lubricity and chemical resistance. Demand for these polymers and for specialized masterbatches, which Clariant markets for medical applications under its MEVOPUR brand, continue to grow worldwide.
Clariant AG is a Swiss chemical company and a world leader in the production of specialty chemicals for the textile, printing, mining and metallurgical industries. It is engaged in processing crude oil products in pigments, plastics and paints. Clariant India has local masterbatch production activities at Rania, Kalol and Nandesari (Gujarat) and Vashere (Maharashtra) sites in India.
MRC