MUTTENZ, Switzerland - Clariant's Industrial and Consumer Specialties business unit has announced global price increases for its entire product portfolio. Depending on the specific product group, the increase could be up to 15 percent.

The price adjustments are necessary to address strong rising oleochemical and petrochemical feedstock costs during the first half of 2010, as well as higher transportation and energy costs.

Clariant customers will be contacted individually regarding the specifics of the price increases as they apply to their products and regions. The price increases will become effective immediately or as contracts allow.