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Global Press Releases
2010-03-22
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, 2010 due to higher costs.
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.
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.
Information for editors:
All LANXESS news releases and their accompanying photos can be found at http://corporate.lanxess.de/en/media/press-releases/. Recent photos of the Board of Management and other LANXESS image material are available at http://fotos.lanxess.de/index_en.html. The latest TV footage, audiofiles and podcasts can be found at http://corporate.lanxess.com/en/media/audio-video/.
You can find further information concerning LANXESS chemistry in our WebMagazine at http://webmagazine.lanxess.com.
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.
