MUNICH, GERMANY: Clariant said that it is increasing prices for its Geko foundry green sand binders and Ecosil foundry lustrous carbon formers in Europe. The increase will be 3 percent and 5 percent respectively, effective 1 July.
The price increase is due to rising costs of certain raw materials and manufacturing.
The business unit functional minerals of Clariant is a leading global supplier of bentonite based speciality products for various applications in edible oil refining, metal casting, civil engineering and tunnelling, paper making, laundry care, plastic stabilisers and various other industries.
The strategic strength of functional minerals comes from a fully integrated value chain, from exploration to operation of the mines as well as processing the natural resource bentonite to customised industrial solutions.
Functional minerals also employ regional technical application centres that develop innovative solutions e.g. for the foundry industry and has recently launched Geko LE and Ecosil LE that drastically reduce BTXE emissions from green sand foundries.
© Worldofchemicals News
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