Ciba announces global price increases of UV absorbers for plastics
Effective immediately or as contracts allow, Ciba will increase prices of benzotriazole UV absorbers globally. The increase will in most cases range between 5 and 10 percent. Sold under the trade name Ciba TINUVIN, these products are used in various polymer applications around the world. As previously announced by Ciba’s Coating Effects Segment, the products are also subject to price increases in other applications.
“These price increases result from further significant rises in raw material and energy costs over the last few months,” said Olivier Pilet, Global Head of Ciba’s Polymer Products Business Line.
Ciba is committed to remaining a reliable, long-term supplier to the industry and providing its customers with innovative quality products.