LANXESS increases prices for inorganic pigments

Cologne

Specialty chemicals company LANXESS is imposing global price surcharges for its inorganic pigments with immediate effect. Prices will rise by EUR 400 per metric ton for iron oxide pigments from the production site in Krefeld-Uerdingen, Germany, and EUR 200 from the Porto Feliz site in Brazil – or the equivalent amount in national currency. In addition, the Inorganic Pigments business unit is also adjusting the quotations for chromium oxides. Customers will be contacted individually.

The reasons for the adjustments are, in particular, unprecedented challenges with a significant impact on production and logistics. Compared with the previous year, energy prices are at a significantly higher level and are expected to remain high and volatile for the rest of the year, not least as a result of the war in Ukraine. Enormous shortages and cost increases for raw materials and freight capacities are additional burdening factors.

The LANXESS Inorganic Pigments business unit is one of the world's largest manufacturer of synthetic iron oxides and a leading producer of inorganic chrome oxides. These products have a track record going back many decades as colorants for building materials, paints and coatings, plastics, paper and other applications. These high-tinting-strength inorganic pigments are produced according to strict sustainability criteria.

Detailed information on the product range can be found on the internet at www.bayferrox.com.

Information for editors:
All global LANXESS news releases and their accompanying photos can be found at http://press.lanxess.com.
Recent photos of the Board of Management and other LANXESS image material are available at http://photos.lanxess.com.

 

MORE ABOUT THIS TOPIC

PRESS RELEASE
Iron oxide pigments for LFP battery cathodes

LANXESS wins ICIS Innovation Award for innovative LFP battery materials

September 06, 2024
PRESS RELEASE
Since August 1, 2013, specialty chemicals Group LANXESS is steering its global business from the LANXESS Tower in Cologne.

LANXESS continues chromium oxide production in Krefeld-Uerdingen

August 21, 2024
PRESS RELEASE
LANXESS Headquarters in Cologne

LANXESS com forte fluxo de caixa e crescimento significativo dos lucros no segundo trimestre de 2024

August 20, 2024
PRESS RELEASE

Following WHO alert: LANXESS counters Mpox threat with Rely On Virkon

August 15, 2024
PRESS RELEASE
Since August 1, 2013, specialty chemicals Group LANXESS is steering its global business from the LANXESS Tower in Cologne.

LANXESS with strong cash flow and significant earnings growth in the second quarter of 2024

August 09, 2024