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

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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