Recently, Clariant, the global leader in specialty chemicals, announced a global price increase for some of its pigment products and will enter into force on January 15, 2018.
The products involved in the price increase include dioxazine violet series and diarylide yellow series: PV23 (dioxazine violet) and PO34 will raise prices by 15%; PY83 will raise prices by 14%; PY12, PY13, PY14 and PY174 And PY176 will raise prices by 5%.
Due to higher and higher operating costs of HSE and shortage of resources, especially China's environmental protection laws and regulations are more stringent and more and more efforts are being made to control the use of raw materials for pigments (such as imidazole, hydroquinone, DCB, coupling agents, etc.) Prices continued to rise affected by this Clariant company adopted this part of the price of pigment products measures.
BASF announced that its pigment finished products in the global price increase of 15%, prices decided to take effect immediately or under contract.
The price hike will have a significant impact on phthalocyanine pigments and inorganic pigments used in the coatings, plastics and printing industries due to higher raw material costs, such as copper, TiO2 or cobalt-based materials, Health and safety costs have risen further.
WACKER released a price increase letter, effective December 28, 2017.
On December 28, WACKER released a price increase letter announcing that WACKER POLYMERS will raise the price of VINNAPAS ® branded lotion products in Greater China by RMB 300 / t as of December 28, 2017 Date from the implementation of price increases reasons: rising raw material costs is the main factor.