LANXESS raises prices for sulfur-based products
Specialty chemicals company LANXESS is raising the prices of its Advanced Industrial Intermediates business unit’s sulfur-based products by an average of 40 per cent with immediate effect. The affected products include sulfuric acid, oleum and sodium bisulfite, among others.
Ongoing geopolitical tensions have led to significantly higher costs in particular for sulfur, logistic and energy costs. That requires a price adjustment outside the regular schedule.
Despite intensive efforts to maintain stable prices, an adjustment is necessary to ensure the long-term reliability and sustainability of supplies.
The complete portfolio of sulfur-based products from LANXESS' Advanced Industrial Intermediates business unit 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.
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