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LANXESS adjusts prices for liquid purification products
Specialty chemicals company LANXESS globally increases the prices for ion exchange resins, reverse osmosis membrane elements and iron oxide adsorbers for water treatment by three percent on average with immediate effect. Increasing input costs have lead to this price adjustment. These measures vary according to field of application and region.
LANXESS is one of the world’s most important providers of water treatment products and liquid purification solutions. The high-performance products of the Liquid Purification Technologies business unit (LPT) are used in numerous industries to treat and purify water and other liquid media. The most significant field of application is the treatment of industrial process water. Energy suppliers use these products in the production of boiler feed water and steam to avoid scale and corrosion. This results in a significant increase in the efficiency, operational reliability and service life of power plants. Another important area of application is the production of ultrapure water, which microelectronics manufacturers require to produce semiconductor components and other items.
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.
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.