LANXESS increases prices for technical rubber grades
Leverkusen – Specialty chemicals company LANXESS has increased its prices for its Perbunan and Krynac synthetic rubber ranges and its Baymod and Nanoprene products by EUR 150 per metric ton with effect from July 1, 2011. The reason for this price adjustment is the rise in manufacturing costs.
LANXESS is one of the leading suppliers of specialty elastomers for the rubber processing industry. The rubbers supplied by the Technical Rubber Products business unit provide solutions for an extraordinarily broad range of applications. The nitrile rubbers (NBR) Perbunan and Krynac, for example, have much higher oil resistance than conventional rubber grades. They are therefore ideal for use in seals, conveyor belts and hoses.
The Technical Rubber Products business unit is part of LANXESS’ Performance Polymers segment, which recorded sales of EUR 3.8 billion in fiscal 2010.
LANXESS is a leading specialty chemicals company with sales of EUR 7.1 billion in 2010 and currently around 15,500 employees in 30 countries. The company is at present represented at 46 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of plastics, rubber, intermediates and specialty chemicals.
Leverkusen, July 4, 2011
(Source: LANXESS Press)