LANXESS raises prices for flame retardants, plasticizers and other specialty additives
Specialty chemicals company LANXESS is increasing prices for its Polymer Additives portfolio with immediate effect. The adjustments include price increases of up to 35 percent for flame retardants and specialty additives and up to 50 percent for plasticizers.
This decision reflects in particular the ongoing, cumulative cost increases. These include significantly higher costs for energy, critical raw materials, and logistics amid ongoing geopolitical tensions.
Despite intensive efforts to mitigate cost increases and maintain stable prices, an adjustment is necessary to ensure the long-term reliability and sustainability of supplies.
The entire polymer additives portfolio can be found here.
Forward-Looking Statements
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 accepts any liability whatsoever arising directly or indirectly from the use of this document.
Information for editors:
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