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LANXESS Increases Prices for Engineering Plastics - Specialty chemicals company LANXESS AG is to increase its prices in Europe, the Middle East and Africa for Durethan base resin, film and extrusion grades - LANXESS.com
LANXESS Increases Prices for Engineering Plastics

 

NewswireToday - /newswire/ - Leverkusen, Germany, 2012/03/13 - Specialty chemicals company LANXESS AG is to increase its prices in Europe, the Middle East and Africa for Durethan base resin, film and extrusion grades - LANXESS.com. FRA: DE Frankfurt: LXS

   
 
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LANXESS AG is to increase its prices in Europe, the Middle East and Africa for Durethan base resin, film and extrusion grades by Euro 0.13 per kilogram effective March 15, 2012. This price adjustment is due to significantly higher raw material and energy costs.

The relevant grades of the high-performance plastic Durethan are mainly used for the production of food packaging, industrial films, monofilaments and semi-finished products as well as a raw material for compounds.

The Semi-Crystalline Products business unit belongs to the Performance Polymers segment, which achieved sales of EUR 3.8 billion in 2010.

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 Prices for Engineering Plastics

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LANXESS |
Publisher Contact: Ilona Kawan - LANXESS.com 
+49 214 30 61684 ilona.kawan[.]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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