Industry News

Clariant Increases Price of Waxes

Published on 2010-03-19. Author : SpecialChem

MUTTENZ -- The Additives Business Unit of Clariant, a world leader in specialty chemicals, has announced an increase in the price of its waxes because of higher raw material, transportation and energy costs.

Clariant produces high performance waxes which are used mainly in plastics, coatings and inks, as well as in adhesives and polishes.

The company indicated that they already initiated reasonable efforts in order to offset these costs, such as in particular the LeanSigma-based "Clariant Excellence" program, but the recent further cost development leaves no other alternative than a price increase.

The increase will be effective on April 1st, 2010.

About Clariant:

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 than100 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 worldclass 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.

Source: Clariant

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