- Rising raw material costs resulting from ongoing escalation of oil prices and higher export taxation
- Commitment to maintain quality, service and innovation.
Ciba announced that its Business Line Paper will initiate price increases ranging from 5% to 20% across its PERGASOL dye, IRGALITE pigment and TINOPAL whitener product lines. All price increases will be
effective August 1 or as contracts allow.
These price increases result from significant cost increases in select raw materials coupled with recent changes in duties associated with Chinese exports. Customers will be contacted individually regarding the specifics as they apply to their situation. “Driven by dramatic increases in raw material costs associated with rising oil prices and higher export taxation, these increases are necessary for Ciba to remain a reliable and innovative supplier to the paper industry with consistently high levels of service,” says Derek Fairclough, Head of Business Line Paper. (Chemical products, petrochemical, plastic)
