Clariant increases price for Waxes

Muttenz, March 18, 2014 - Clariant, a world leader in specialty chemicals, announces a 4% price increase across its Business Line Waxes product portfolio, effective April 1, 2014 or as contracts allow.

The adjustment is necessary to recover significant rising costs for energy, labor, and product safety, since the last price increase of the Business Line Waxes in 2011.

"Despite our best efforts to offset rising costs, it has become necessary to implement a price increase to ensure we can continue our strategy of innovation and expansion to support our customers," comments Bernhard Ehrenreich, Vice President and Head of Business Line Waxes.