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Clariant increases paper chemical prices by up to 30% globally

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Clariant increases paper chemical prices by up to 30% globally

May 17, 2010 - 19:55
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MUTTENZ, Switzerland, May 18, 2010 (Press Release) -The Paper Specialties Business Unit of Clariant today announced global price increases for its entire paper chemicals portfolio - depending on the specific product group - by up to 30%.

The price adjustments are necessary to address strongly rising feedstock costs in all raw material segments during the first half of 2010, including increased transportation and energy costs. During the last six months, Clariant's Paper Business has absorbed significant cost increases through production optimization measures, however, recent raw material cost developments leave no other alternative than to increase prices.

Clariant customers will be contacted individually regarding the specifics of the price increases as they apply to their products and regions.

The price increases will become effective immediately or as contracts allow.