LANXESS: Price adjustment for engineering plastics
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LANXESS AG is to increase its prices for Pocan in Europe, the Middle East and Africa effective December 1, 2010. The Semi-Crystalline Products business unit announced that the price increase will be at least EUR 0.20 per kg for Pocan Compounds (Polybutylenterephthalate Compounds).
This price adjustment has become unavoidable, despite continuous process optimization, because the costs of raw materials have risen significantly.
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