(Clariant) -- The Masterbatches
Business Unit of Clariant, a leading masterbatches player globally, announces
global price increases for most of its products.
The price adjustments are necessary to compensate for rising oil prices
and significant cost increases for all masterbatch- relevant raw materials.
"We have absorbed significant cost increases through production
optimization and other efficiency-increasing measures, but we have now reached
the limit of what we can do with these tools. In order to finance future
investments and improvements to our supply chain we have no alternative but to
increase prices," comments Hans Bohnen, Head of Clariant`s Masterbatch Business
Unit.
The price increases will become effective immediately or as contracts
allow. Clariant customers will be contacted individually regarding the specifics
of the price increase as they apply to their products and regions.
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