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LANXESS to Increase Prices for its Baypren Products - The Technical Rubber Products (TRP) business unit of specialty chemicals group LANXESS announces a price increase for its Baypren (CR) branded Chloroprene business – depending on region – for up to € 400/mt (or US$ 500/mt)
LANXESS to Increase Prices for its Baypren Products

 

NewswireToday - /newswire/ - Leverkusen, Germany, 2010/12/22 - The Technical Rubber Products (TRP) business unit of specialty chemicals group LANXESS announces a price increase for its Baypren (CR) branded Chloroprene business – depending on region – for up to € 400/mt (or US$ 500/mt). FRA: DE Frankfurt: LXS

   
 
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Reason being the continued high level of feedstock and energy prices as well as increase of other costs.

Subject to the terms of any applicable contracts and regulations, price increases to take effect as of 1st of January 2011.

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

LANXESS is a leading specialty chemicals company with sales of EUR 5.06 billion in 2009 and currently around 14,500 employees in 23 countries. The company is represented at 42 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of plastics, rubber, intermediates and specialty chemicals.

The latest news from LANXESS direct to your mobile phone: mobile.lanxess.com/.

 
 
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Written by / Agency / Source: LANXESS

 
 

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LANXESS to Increase Prices for its Baypren Products

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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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