From April 1, Switzerland-headquartered specialty compound firm Clariant International will increase the price across its range of masterbatch and compound products containing titanium dioxide, polymers, carbon black, pigments, dyes and additives.
The hike will be between four and seven percent, depending on the grade, concentration and quality of the product.
According to spokesperson Stefanie Nehlsen, the products affected include the Mevopur range of polymer for healthcare firms, consisting of ISO13485 certified medical colour and additive concentrates.
“This price increase is due to the continued rise in prices of titanium dioxide, polymers, carbon black, pigments, dyes and additives driven by several factors including supply-demand dynamics, ongoing capacity reductions in the pigment and dye industry and related increases in feedstock costs of several materials,” the firm said.