21-May-2014 - LANXESS AG

LANXESS increases prices for rubber chemicals

LANXESS will raise the off list prices worldwide for its rubber chemicals with effect from June 1, 2014 or as contracts allow. Depending on product and region, the adjustments will be up to 0.70 EUR/kg (1.10 USD/kg).

“After the minor move we made in April, this is now a significant step towards restoring our margins to acceptable levels,” says Luis López-Remón, Head of the LANXESS Rubber Chemicals business unit. “The recent escalation of Chinese environmental enforcement activities, in particular for waste water, is reaffirming our determination to position ourselves as a viable, long-term supplier of high quality rubber chemicals.”

 

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