Clariant announces global price increase

Clariant has announced global price increases across its Quinacridone product portfolio.

Clariant has announced global price increases across its Quinacridone product portfolio
The increases will become effective October 6, 2021. The price increases are necessary to recover significant on-going cost increases for one of the key raw materials to manufacture Quinacridones (PR122 and PV19).  
 
‘The unprecedented price surge of yellow phosphorous and consequently polyphosphoric acid in recent weeks caused by energy quotas in China, forces us to announce price increases for our Quinacridone pigments with immediate effect,’ the company said. 
 
The price for powder pigments including all Quinacridones with country of origin China will increase by 11 USD/kg; PR122 will increase by 9 USD/kg; and PV19 to increase by 13.25 USD/kg.  
 
The price of pigment preparations including PR122 based on specific pigment content will go up to 4.06 USD/Kg and PV19 based on specific pigment content will rise by up to 4.24 USD/kg.  
 
Customers will be informed individually as to how it applies to their products.