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LANXESS Announces Price Increase for Rubber Chemicals - Specialty chemicals company LANXESS will increase its prices worldwide for rubber chemicals supplied by the Rubber Chemicals business unit effective July 1, 2013. The increases are required to offset higher production costs - LANXESS.com
LANXESS Announces Price Increase for Rubber Chemicals

 

NewswireToday - /newswire/ - Leverkusen, Germany, 2013/06/14 - Specialty chemicals company LANXESS will increase its prices worldwide for rubber chemicals supplied by the Rubber Chemicals business unit effective July 1, 2013. The increases are required to offset higher production costs - LANXESS.com. FRA: DE Frankfurt: LXS

   
 
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The price increases will impact the Vulkanox (antidegradant) and Vulkacit (accelerator) product groups, and will range between 0.05 Euro/kg and 0.20 Euro/kg (0.10 US$ and 0.30 US$) depending on the product and region.

The rubber chemicals Vulkanox and Vulkacit are primarily used in the manufacture of rubber products such as tires, hoses and profiles and in the production of drive elements.

About LANXESS

LANXESS is a leading specialty chemicals company with sales of EUR 9.1 billion in 2012 and roughly 17,400 employees in 31 countries. The company is currently represented at 50 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 sustainability indices Dow Jones Sustainability Index (DJSI) World and FTSE4Good as well as the Carbon Disclosure Leadership Index (CDLI).

 
 
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Written by / Agency / Source: LANXESS

 
 

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LANXESS Announces Price Increase for Rubber Chemicals

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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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