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Merck Raises Prices for Pigments and Cosmetic Raw Materials
23-Sep-2011
- Germany
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Merck KGaA announced global price increase for all its pigments and cosmetic raw materials, in most cases up between 5% and 15%, and in select cases up to 30%. The new prices will be effective November 1, 2011.
In making the announcement, Peter Halas, Head of the Pigments & Cosmetics business unit at Merck, cited the continuous rise in energy and key raw material costs as necessitating the price increases.