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LANXESS Increases Prices for Technical Rubber Grad - Specialty chemicals company LANXESS is increasing its prices for its Perbunan and Krynac synthetic rubber ranges and its Baymod and Nanoprene products by up to EUR 300 per metric ton with effect from May 2011
LANXESS Increases Prices for Technical Rubber Grad

 

PRZOOM - /newswire/ - Leverkusen, Germany, 2011/05/04 - Specialty chemicals company LANXESS is increasing its prices for its Perbunan and Krynac synthetic rubber ranges and its Baymod and Nanoprene products by up to EUR 300 per metric ton with effect from May 2011. FRA: DE Frankfurt: LXS

   
 
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The reason for this price adjustment is the rise in raw material costs.

LANXESS is one of the leading suppliers of specialty elastomers for the rubber processing industry. The rubbers supplied by the Technical Rubber Products business unit provide solutions for an extraordinarily broad range of applications. The nitrile rubbers (NBR) Perbunan and Krynac, for example, have much higher oil resistance than conventional rubber grades. They are therefore ideal for use in seals, conveyor belts and hoses.

The Technical Rubber Products business unit is part of LANXESS’s Performance Polymers segment, which recorded sales of EUR 3.8 billion in fiscal 2010.

LANXESS (lanxess.com) is a leading specialty chemicals company with sales of EUR 7.1 billion in 2010 and currently around 14,850 employees in 24 countries. The company is represented at 45 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of plastics, rubber, intermediates and specialty chemicals.

 
 
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Agency / Source: LANXESS

 
 

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LANXESS Increases Prices for Technical Rubber Grad

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LANXESS |
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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