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Global Press Releases

2017-11-20

LANXESS: Price increase for Durethan and Pocan compounds

Specialty chemicals company LANXESS adapts the prices for its Durethan and Pocan compounds in Europe, Middle East and Africa (EMEA region) with immediate effect. This measure is resulting from the overall market situation in combination with the ongoing developments in the material supply chains.

The price increase amounts to 0.25 EUR/kg for Durethan A (polyamide 6.6), 0.15 EUR/kg for Durethan B (polyamide 6) and 0.20 EUR/kg for Pocan (PBT – Polybutylene terephthalate, blends).

The product lines comprise exceptionally versatile polymer materials that are used to make a number of technically sophisticated components for the automotive industry plus the electrical/electronics industry, construction, medicine, and the sports and leisure sectors.

Forward-Looking Statements
This company release contains certain forward-looking statements, including assumptions, opinions, expectations and views of the company or cited from third party sources. Various known and unknown risks, uncertainties and other factors could cause the actual results, financial position, development or performance of LANXESS AG to differ materially from the estimations expressed or implied herein. LANXESS AG does not guarantee that the assumptions underlying such forward-looking statements are free from errors nor does it accept any responsibility for the future accuracy of the opinions expressed in this presentation or the actual occurrence of the forecast developments. No representation or warranty (expressed or implied) is made as to, and no reliance should be placed on, any information, estimates, targets and opinions, contained herein, and no liability whatsoever is accepted as to any errors, omissions or misstatements contained herein, and accordingly, no representative of LANXESS AG or any of its affiliated companies or any of such person's officers, directors or employees accept any liability whatsoever arising directly or indirectly from the use of this document.

LANXESS is a leading specialty chemicals company with sales of EUR 7.7 billion in 2016 and about 19,200 employees in 25 countries. The company is currently represented at 74 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of chemical intermediates, additives, specialty chemicals and plastics. Through ARLANXEO, the joint venture with Saudi Aramco, LANXESS is also a leading supplier of synthetic rubber. LANXESS is listed in the leading sustainability indices Dow Jones Sustainability Index (DJSI World and Europe) and FTSE4Good.

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Michael Fahrig

Michael Fahrig
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