LANXESS raises prices for Microbial Control products
Specialty chemicals company LANXESS is increasing prices for a broad range of its Microbial Control products up to 30 percent, or more for selected products. Microbial Control products include in particular active ingredients, preservatives and disinfectants to protect materials and substances against spoilage caused by microorganisms.
The price adjustment takes effect immediately and will be applied in line with regional developments.
This decision reflects ongoing, cumulative cost increases, including significantly higher energy, raw material and logistics costs amid persistent geopolitical tensions.
Despite comprehensive efforts to offset these increases and maintain stable prices, this adjustment is necessary to ensure the long-term reliability, quality and sustainability of supply for customers worldwide.
The entire portfolio of the Business Unit Material Protection Products can be found via ▷ Material Protection Products | Protection & Disinfection | LANXESS
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:
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.
