Clariant announces price increase in its wax line
International. Between 5% and 10% prices will be increased across the entire Clariant wax range for the second quarter of 2011.
For Bernhard Ehrenreich, head of the line, "the increase is necessary to recover significant cost inflation in our raw materials and that has been occurring as a result of a combination of new price increases and a continuous imbalance between supply and demand".
Clariant's high-performance waxes are mainly used in plastics, coatings, inks, adhesives, as well as in softening and polishing.