The Technical Rubber Products (TRP) business unit of specialty chemicals group LANXESS AG has increased its prices effective June 15th for NBR (nitrile-butadiene rubber) in Europe. The price adjustment per metric ton comprises up to EUR 210 for NBR. This adjustment is unavoidable because the costs for raw materials have risen significantly.
LANXESS (lanxess.com) is a leader in specialty chemicals and operates in all important global markets. In 2009, the company, which is listed on the Frankfurt Stock Exchange, achieved sales of EUR 5,057 million.
With its extensive portfolio, it focuses on premium business. Its core business comprises the development, manufacture and sale of plastics, rubber, specialty chemicals and intermediates. In addition, it supports its customers in developing and implementing made-to-measure system solutions. In these areas, which are at the very heart of the chemical industry, LANXESS has core expertise in the form of chemical and application-related know-how, flexible asset management and customer proximity. Our aim is, through innovative products, optimized processes and new ideas, to generate added value for the customers and the company.
Many forces combine at LANXESS's 42 sites worldwide to produce the optimal result. This applies both to the products and processes themselves and to the 14,300 or so staff in 23 countries that are responsible for the company’s day-to-day business. LANXESS is treading the path that is inherent in its name: Combined from the French verb “lancer” meaning to thrust forward and the English noun “success”, LANXESS represents the determined will to achieve and the readiness to embrace continual change.
In all its activities around the world, the Group subscribes to the principle of sustainable development: Sustainability is the basis of every action at LANXESS, and we consider environmental compatibility and social responsibility to be of equal importance.