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LANXESS adjusts prices for PA and PBT compounds
Specialty chemicals company LANXESS adapts the prices for its Durethan and Pocan compounds in Europe, Middle East and Africa (EMEA region) with effect from February 1, 2017. This measure is resulting from the increasing pressure on the raw material cost base.
The price increase amounts to 0.10 EUR/kg for Durethan A (polyamide 6.6), 0.20 EUR/kg for Durethan B (polyamide 6) and 0.10 EUR/kg for Pocan (Polybutylene terephthalate, blends).
Both product lines comprise exceptionally versatile polymer materials that are used to make a number of technically sophisticated components. Fields of application for products made of Durethan and Pocan are the automotive industry plus the electrical/electronics industry, construction, medicine, and the sports and leisure sectors.
LANXESS is a leading specialty chemicals company with sales of EUR 7.9 billion in 2015 and about 16,700 employees in 29 countries. The company is currently represented at 54 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of chemical intermediates, 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 FTSE4Good.