Clariant Ups Global Prices

Switzerland-based specialty chemicals manufacturer Clariant International Ltd. has announced a
global 5- to 12-percent price increase for its products. The company attributes the need to raise
prices to the rapid rate of raw material and energy cost increases.

“In order to meet the future needs of our customers, we have to remain a strong partner, who
is able to further invest in process and product innovations, as well as in availability, quality
and safety of our products,” said Clariant CEO Jan Secher in explaining the necessity for the price
hike.

November 27, 2007

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