People & Business :: Companies
Clariant Increases Global Selling Prices
5:50 AM MST | November 26, 2007 | Kerri Walsh
Clariant says it has raised its selling prices worldwide by 5%-12%, effective immediately. Clariant says it â€śhas significantly decreased its costsâ€ť during the past few months, but feedstock prices â€śhave risen dramaticallyâ€ť during the same time period. â€śClariant finds itself in the position now, where further price increases are necessary to compensate for the high speed of raw material and energy cost rises,â€ť the company says. In a letter to Clariantâ€™s customers, CEO Jan Secher says, â€śIn order to meet the future needs of our customers, we have to...
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