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2013-12-16

LANXESS – Price increase for rubber chemicals

Specialty chemicals company LANXESS will raise its prices worldwide for rubber chemicals supplied by the Rubber Chemicals business unit effective January 1, 2014. The increases are required to offset cost increases.

The price increases will impact all product lines, including Vulkanox antidegradants, Vulkacit accelerators as well as Specialty Chemicals such as bonding agents (Cohedur), retarders (Vulkalent), plasticizers (Vulkanol) and DBD based peptizers (Renacit) and will range from 0.05 Euro/kg to 0.30 Euro/kg (0.10 US$ and 0.40 US$) depending on the product and region.

These rubber chemicals are primarily used in the manufacture of rubber products such as tires, hoses and profiles and in the production of drive elements.

The Rubber Chemicals business unit is part of LANXESS’ Performance Chemicals segment, which recorded sales of EUR 2.2 billion in fiscal 2012.

LANXESS is a leading specialty chemicals company with sales of EUR 9.1 billion in 2012 and roughly 17,500 employees in 31 countries. The company is currently represented at 52 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of plastics, rubber, intermediates and specialty chemicals. LANXESS is a member of the leading sustainability indices Dow Jones Sustainability Index (DJSI) World and FTSE4Good as well as the Carbon Disclosure Leadership Index (CDLI).

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Udo Erbstößer

Udo Erbstößer
Market Communications

Phone: +49 221 8885 4529

Fax: +49 221 8885 4865

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