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LANXESS Increases Prices for Polyamide 6.6 Products and Rubber Chemicals - Specialty chemicals group LANXESS is going to increase the prices for certain plastics and rubber chemicals effective April 1 due to higher costs
LANXESS Increases Prices for Polyamide 6.6 Products and Rubber Chemicals

 

PRZOOM - /newswire/ - Leverkusen, Germany, 2010/03/22 - Specialty chemicals group LANXESS is going to increase the prices for certain plastics and rubber chemicals effective April 1 due to higher costs. FRA: DE Frankfurt: LXS

   
 
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The Semi-Crystalline Products business unit announced an increase for its polyamide 6.6 products (Durethan A) by EUR 0.35 per kg in Europe, Middle East and Africa.

The prices for the rubber chemicals Vulkanox, Vulkacit and Renacit will be adjusted globally by the Rubber Chemicals business unit by up to EUR 0.20 per kg, depending on product and region. This adjustment is valid for all supply forms.

With its particular property profile, Durethan is ideal for applications in the automotive and electrical/electronics industries as well as construction. As a substitute for metals or rubbers, this engineering plastic is suitable, for example, for the production of hollow parts for ducting air in engine compartments.

Vulkanox is used as an antioxidant, Vulkacit as an accelerator and Renacit as a peptizer. Rubber chemicals are essential products for the rubber industry, e.g. in tire manufacturing or the production of hoses, profiles and driving belts.

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 43 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of plastics, rubber, intermediates and specialty chemicals.

Forward-Looking Statements
This news release contains forward-looking statements based on current assumptions and forecasts made by LANXESS AG management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.

You can find further information concerning LANXESS chemistry in our WebMagazine at webmagazine.lanxess.com/.

 
 
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LANXESS Increases Prices for Polyamide 6.6 Products and Rubber Chemicals

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LANXESS Press Releases |
Contact: Udo Erbstößer - LANXESS.com 
+49 214 30 54529 udo.erbstoesser[.]lanxess.com
 
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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