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LANXESS Increases Price Level for Chloroprene Rubber - LANXESS announces a price increase for its Baypren branded Chloroprene business line of up to EUR 180 EUR / 240 USD per metric ton on a global basis - LANXESS.com
LANXESS Increases Price Level for Chloroprene Rubber

 

NewswireToday - /newswire/ - Leverkusen, Germany, 2012/02/07 - LANXESS announces a price increase for its Baypren branded Chloroprene business line of up to EUR 180 EUR / 240 USD per metric ton on a global basis - LANXESS.com. FRA: DE Frankfurt: LXS

   
 
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Reason being the since early 2012 again increasing raw material and energy prices amidst a tightening market for the respective feedstocks. Subject to the terms of any applicable contracts and regulations, price increases will be implemented starting February 15th, 2012.

CR, which LANXESS offers under the name Baypren, is appropriate to produce e.g. cable sheathings, hoses, belts and air springs.

About LANXESS

LANXESS (lanxess.com) is a leading specialty chemicals company with sales of EUR 7.1 billion in 2010 and currently around 16,100 employees in 30 countries. The company is at present represented at 47 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of plastics, rubber, intermediates and specialty chemicals. LANXESS is a member of the leading sustainable indices Dow Jones Sustainability Index (DJSI) World and FTSE4Good.

 
 
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Written by / Agency / Source: LANXESS

 
 

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LANXESS Increases Price Level for Chloroprene Rubber

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LANXESS |
Publisher Contact: Udo Erbstößer - LANXESS.com 
+49 214 30 54529 udo.erbstoesser[.]lanxess.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any LANXESS securities in any jurisdiction including any other companies listed or named in this release.

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