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LANXESS Announces Price Increase for Several Synthetic Elastomers - The High Performance Elastomers business unit of specialty chemicals company LANXESS raises its prices for several synthetic rubbers in Europe, Middle East and Africa effective June 1, 2015 - LANXESS.com
LANXESS Announces Price Increase for Several Synthetic Elastomers

 

PRZOOM - /newswire/ - Cologne, Germany, 2015/06/01 - The High Performance Elastomers business unit of specialty chemicals company LANXESS raises its prices for several synthetic rubbers in Europe, Middle East and Africa effective June 1, 2015 - LANXESS.com. FRA: DE Frankfurt: LXS

   
 
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The High Performance Elastomers business unit of specialty chemicals company LANXESS raises its prices for several synthetic rubbers in Europe, Middle East and Africa effective June 1, 2015 as follows:

• The price adjustments per metric ton for its EPDM grades is EUR 100.
• The price adjustment per metric ton for its NBR grades is EUR 90.
• The price adjustment per metric ton for its CR grades is EUR 100.

EPDM which is offered under the brand name Keltan is used in the automotive industry for the manufacture of door sealants, hoses, belts or anti-vibration parts. The product is also used in plastic modification, wire and cable, construction and oil additives.

NBR which is offered under the brand names Perbunan, Krynac and Baymod N, is used for seals, hoses in hydraulic and pneumatic applications or blankets for rolls.

CR which is offered under the brand name Baypren is used in applications like cable sheathings, hoses, belts and air springs.

The HPE business unit is part of LANXESS’ Performance Polymers segment, which recorded sales of EUR 4.128 billion in fiscal 2014.

LANXESS (lanxess.com) is a leading specialty chemicals company with sales of EUR 8.0 billion in 2014 and about 16,300 employees in 29 countries. The company is currently represented at 52 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 DJSI Europe) and FTSE4Good.

 
 
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Agency / Source: LANXESS

 
 

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LANXESS Announces Price Increase for Several Synthetic Elastomers

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Synthetic Elastomers | LANXESS
Contact: Michael Fahrig - LANXESS.com 
+49 221 8885 5041
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
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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