LANXESS increases prices for engineering plastics

09-May-2006

The Lanxess chemical company is to increase its prices for a number of engineering plastics effective May 15, 2006. The Semi-Crystalline Products (SCP) business unit is raising the price of its Pocan® (PBT) compounds and Durethan® (PA 6, PA 66) compounds by EUR 0.22 per kilogram. On the same date the Styrenic resins (STY) business unit will increase the price of its Novodur®, Lustran® (ABS), Lustran® (SAN) and Triax® (PA/ABS) resins by EUR 0.15 per kilogram. The continuing high cost of raw materials and the steep rise in energy and transport costs are the reasons for the price increases, which will affect the Europe, Africa, Middle East and Latin America regions.

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