• Global price increase effective March 19th, 2021
• Prices will rise by 1.2 USD/KG for organic pigments and by 0.5 USD/KG for pigment preparations
• Selected individual products with higher price increases
Muttenz, March 12, 2021 – Clariant, a focused and innovative specialty chemical company, today announced global price increases across its product portfolio.
The increase, which is effective March 19th , 2021 or as soon as contracts allow, is necessary to recover significant on-going cost inflation for basic raw materials, energy and transportation.
Prices for the pigment portfolio will increase by 1.2 USD/KG and for pigment preparations by 0.5 USD/KG or its equivalent in local currency.
Selected individual products will experience higher price increases due to the severe impact of their specific raw material costs.
GLOBAL TRADE MEDIA RELATIONS
STEFANIE NEHLSEN
Phone +41 61 469 63 63
stefanie.nehlsen@clariant.com
Clariant is a focused, sustainable and innovative specialty chemical company based in Muttenz, near Basel/Switzerland. On 31 December 2020, the company employed a total workforce of 13 235. In the financial year 2020, Clariant recorded sales of CHF 3.860 billion for its continuing businesses. The company reports in three business areas: Care Chemicals, Catalysis and Natural Resources. Clariant’s corporate strategy is based on five pillars: focus on innovation and R&D, add value with sustainability, reposition portfolio, intensify growth, and increase profitability.
Clariant’s Business Unit Pigments is a leading global provider of organic pigments, pigment preparations and dyes. The vastly diverse portfolio corresponds to the high standards for colors and coatings in industrial, automotive and architectural applications. The business unit also provides solutions for the plastics industry, for special applications in the aluminum, agricultural and consumer goods sector, as well as for traditional printing processes, inkjet printing and toner applications. The Pigments business unit continues to bring new and innovative materials to the market, with a strong emphasis on environmental aspects and sustainability. Employing over 2000 people across the globe, the Business Unit Pigments is part of Clariant’s Business Area Plastics and Coatings.
Press release can be downloaded from www.clariant.com or www.PressReleaseFinder.com.
