Industry News

Clariant increases price of waxes

Published on 2010-03-18. 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

Source: Clariant

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