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Industry News, Price Increases, Suppliers News

Merck KGaA Surface Solutions Business Raises Prices

The price will increase by 5-15% depending on the specific product.

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By: Anthony Locicero

Copy editor, New York Post

Merck KGaA, Darmstadt, Germany announced that its Surface Solutions business unit will raise the prices for its portfolio of effect pigments, cosmetic active ingredients and other functional materials worldwide.
 
The price will increase by 5-15% depending on the specific product. Details will be communicated directly to the customers.
 
According to Merck KGaA, Darmstadt, Germany, the price adjustment became necessary due to a significant increase in costs for raw materials as well as for labor, energy and logistics. In addition, increased regulatory requirements further contributed to higher production costs.

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