NewswireTODAY - /newswire/ - Leverkusen, Germany, 2010/05/21 - LANXESS is increasing its prices worldwide for leather chemicals by between 5 and 8 percent with immediate effect. FRA: DE Frankfurt: LXS

For certain products or in certain regions the increase may be even greater. This measure is primarily due to continued sharp rises in prices for raw materials, especially with respect to monomers, and to increases in transport and energy costs.

LANXESS is one of the leading suppliers to the leather industry and offers chemicals for all process steps in leather production. These include inorganic and synthetic tanning materials, preservatives, fatliquors, dyestuffs, tanning and finishing products. The Leather business unit belongs to LANXESS’ Performance Chemicals segment, which achieved total sales in fiscal 2009 of EUR 1,530 million.

LANXESS (lanxess.com) is a leading specialty chemicals company with sales of EUR 5.06 billion in 2009 and currently around 14,300 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.

Agency / Source: LANXESS

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