Industry News

Merck Raises Prices for Pigments and Cosmetic Raw Materials

Cited the continuous rise in energy and key raw material costs as necessitating the price increases

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Merck KGaA announced today a 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 Nov. 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....

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