Clariant’s Leather Services Business to raise prices16 December 2010
Clariant Business Unit Leather Services announced on December 16 price increases for its product ranges of 6% to 12%. The adjustments reflect rising feedstock prices caused by a continuing shortage in raw materials, in combination with increasing energy and transportation costs.
‘We have absorbed significant cost increases already through production optimisation and other efficiency-increasing measures introduced during the course of 2010. However, further cost reduction programs would jeopardise the quality of service we deliver to our customers’, comments Oliver Kinkel, Head of BU Leather Services at Clariant International.
‘Our objective, based on a long-term commitment to the leather industry, is a continuous supply of high performance leather chemicals and further innovation, which enables our customers to improve their productivity and enhance the quality of their products.’
Clariant’s customers will be contacted individually regarding the specifics of the price increases as they apply.