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LANXESS AG Announces Price Increase For Chloroprene Rubber - The Technical Rubber Products (TRP) business unit of specialty chemicals group LANXESS AG will increase its prices for CR (chloroprene rubber) globally
LANXESS AG Announces Price Increase For Chloroprene Rubber

 

PRZOOM - /newswire/ - Leverkusen, Germany, 2010/03/31 - The Technical Rubber Products (TRP) business unit of specialty chemicals group LANXESS AG will increase its prices for CR (chloroprene rubber) globally. FRA: DE Frankfurt: LXS

   
 
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The Technical Rubber Products business unit of specialty chemicals group LANXESS AG will increase its prices for CR (chloroprene rubber) globally effective April 1, 2010. Dependent on regions, the price adjustment per metric ton comprises up to EUR 300/USD 400 for CR. This adjustment is unavoidable because the costs for raw materials have risen significantly.

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

LANXESS is a leading specialty chemicals company with sales of EUR 5.06 billion in 2009 and currently around 14,300 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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Agency / Source: LANXESS

 
 

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LANXESS AG Announces Price Increase For Chloroprene Rubber

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LANXESS Press |
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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